PARIS (AFX) – Global oil output rose 1.19 million barrels per day to 77.58 million barrels in January from December, the International Energy Agency said. The agency raised its forecast for global demand growth by 80,000 barrels to 1.12 million, meaning it now sees average daily demand in 2003 at 78.01 million bpd. The hike…
MARKETS: IEA says Jan global oil output 77.58 million b/d; up 1.19 million vs Dec
Posted on February 24, 2003 by EnergyAsia