(EnergyAsia, April 21 2011, Thursday) — The International Energy Agency (IEA) has kept unchanged its forecast for world oil demand to grow by 1.4 million b/d to 89.4 million b/d for 2011.Despite oil staying above US$100 a barrel since early February, the Paris-based agency expects post-earthquake Japan’s increased oil use for power generation and reconstruction…
MARKETS: IEA holds world oil demand for 2011 at 89.4 million b/d
Posted on April 21, 2011 by EnergyAsia