(EnergyAsia, February 28 2011, Monday) — World oil demand will exceed 90 million b/d for the first time later this year, said the International Energy Agency (IEA), further reducing global spare capacity which stood at less than five million b/d before the start of the current Middle East crisis.For 2011, the Paris-based agency expects world…
MARKETS: IEA expects world oil demand to exceed 90 million b/d in 4Q
Posted on February 28, 2011 by EnergyAsia