(EnergyAsia, April 29, Wednesday) — Energy consultant Douglas-Westwood said it expects world oil consumption will bottom out in the next two months and that pricing power will return to OPEC by early autumn. The forecast was made before this week’s warnings by health authorities around the world of a possible global pandemic of swine flu…
MARKETS: Consultant expects world economy and oil demand to bottom out in the coming months
Posted on April 28, 2009 by EnergyAsia