(EnergyAsia, March 30, Monday) — World oil demand is expected to fall by 1.5% or 1.2 million b/d to 84.4 million b/d this year on account of a possible shrinkage in the world GDP, said the International Energy Agency (IEA).The Paris-based energy watchdog for consuming countries said its latest forecast is based on a reassessment…
MARKETS: IEA forecasts world oil demand to fall by 1.5% or 1.2 million b/d in 2009
Posted on March 29, 2009 by EnergyAsia