(EnergyAsia, July 31 2012, Tuesday) — Citing the weaker outlook for the world economy, the US Energy Information Administration (EIA) has slashed its forecast for global oil demand growth over the next two years. The agency expects 2012’s growth to come in at 675,000 b/d, down from more than 800,000 b/d in its previous forecast,…
MARKETS: EIA slashed forecast for 2012 world oil demand growth to 675,000 b/d
Posted on July 31, 2012 by EnergyAsia