(EnergyAsia, January 20 2011, Thursday) — The Organisation of Petroleum Exporting Countries (OPEC) expects world oil demand to grow by 1.2 million in 2011, down from last year’s 1.6 million b/d increase. The cartel said last year’s stronger increase came off the “low base” of 2009, and was further helped by the global economic recovery…
MARKETS: OPEC sees world oil demand up 1.2 million b/d in 2011 after 1.6 million b/d rise in 2010
Posted on January 19, 2011 by EnergyAsia