world oil product demand to reach 87.6 million b/d, down 200,000 b/d from an earlier prediction. The Paris-based agency said weaker economic growth in the developed economies will offset continued robust growth in China and the Middle East, the key oil demand growth centres. In its most recent oil market report, the IEA said world…
MARKETS: IEA forecasts world oil demand to reach 87.6 million b/d in 2008
Posted on February 20, 2008 by EnergyAsia