(EnergyAsia, January 29, Tuesday) — Expect oil prices to remain strong this year as world demand growth continues at a brisk pace while inventories decline further and production struggles to keep pace, said the International Energy Agency (IEA).The Paris-based oil watchdog for the industralised world said oil consumption in China, India and the Middle East…
MARKETS: IEA sees tightening balance as world oil demand continues to grow
Posted on January 28, 2008 by EnergyAsia