(EnergyAsia, June 28 2013, Friday) — Amid the weaker outlook for world economic growth, the International Energy Agency (IEA) has reduced its forecast for this year’s global oil consumption to 90.56 million b/d, down from its previous May forecast of 90.64 million b/d. “Relatively sluggish macroeconomic conditions are expected to keep a lid on growth…
MARKETS: IEA trims forecast for global oil demand to 90.56 million b/d
Posted on June 28, 2013 by EnergyAsia