(EnergyAsia, July 23, Wednesday) — World oil demand is expected to grow by 1.1% or 860,000 b/d to 87.7 million b/d in 2009, said the International Energy Agency. This would be slightly slower than this year’s demand growth by about 890,000 b/d growth. The Paris-based agency said high oil prices will lead to a contraction…

This article is for Subscriber members only.
Log In Register