(EnergyAsia, January 27 2014, Monday) — The world will consume 92.5 million b/d of oil this year, up 1.3 million b/d or 1.4% from 2013, said the International Energy Agency (IEA). The agency’s latest monthly forecast boosted its predicted consumption increase by 90,000 b/d from last December’s 1.21 million b/d, attributed largely to the renewed…

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