demand to rise by 0.8% or 700,000 b/d this year to 86.8 million b/d, and by 1% or 900,000 b/d to 87.6 million b/d next year. In its previous forecast last month, the IEA had expected world oil demand to reach 86.9 million b/d this year and 88.1 million b/d. The Paris-based agency said it…
MARKETS: IEA forecasts world oil demand to rise 0.8% in 2008 and 1% in 2009
Posted on September 28, 2008 by EnergyAsia