(EnergyAsia, October 28, Wednesday) — Developed countries, which account for 54% of world oil consumption, likely reached their demand peak in 2005, according to a new research report by IHS Cambridge Energy Research Associates (CERA). While world oil demand is now set to grow as the world economy moves from recession to recovery, the demand…
MARKET: Oil demand in developed countries has peaked, says IHS CERA
Posted on October 27, 2009 by EnergyAsia