(EnergyAsia, July 22 2011, Friday) — The International Energy Agency (IEA) expects world oil demand to grow by 1.5 million b/d to climb to a record high of 91 million b/d.Growth will be driven entirely by the developing economies, offsetting the slight decline in OECD demand. This year’s global oil consumption is expected to rise…
MARKETS: IEA expects world oil demand to reach record 91 million b/d next year
Posted on July 22, 2011 by EnergyAsia