(EnergyAsia, July 23 2010, Friday) — Despite the possibility that the world economy could sink into recession again this or next year, the International Energy Agency (IEA) is forecasting global oil demand to rise 1.6% to a record 87.8 million b/d in 2011. The Paris-based oil watchdog for the developed economies said its latest forecast…
MARKETS: IEA sees world demand rise 1.6% to record 87.8 million b/d next year
Posted on July 22, 2010 by EnergyAsia