(EnergyAsia, December 23 2010, Thursday) — Global oil consumption is expected to rise by 2.5 million b/d to 87.4 million b/d this year, and by another 1.3 million b/d to 88.8 million b/d in 2011, said the International Energy Agency (IEA). Demand will be driven by North America and developing Asia, with buoyant gasoil demand…
MARKETS: IEA sees 2010 world oil demand rising by 2.5 million b/d
Posted on December 22, 2010 by EnergyAsia