demand to grow by 800,000 b/d or 0.9% to 86.9 million b/d this year, and by 900,000 b/d or 1.1% to 87.8 million b/d in 2009. In its August forecast, the agency said demand growth is driven by developing countries, which will consume around 38.3 million in 2008 and 39.7 million b/d next year….
MARKETS: IEA expects 2008 oil demand to grow by 800,000 b/d or 0.9%
Posted on August 31, 2008 by EnergyAsia