(EnergyAsia, May 28 2014, Wednesday) — The International Energy Agency (IEA) has raised its latest forecast for 2014’s global oil demand to 92.8 million b/d, up significantly from the previous month’s prediction of 92.68 million b/d. This implies a rise of more than 1.5% over last year’s consumption of 91.4 million b/d, putting pressure on…

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