the rapidly deteriorating state of the global economy, said the US Energy Information Administration (EIA) in its latest projection. The agency believes the world will consume around 86.92 million b/d in 2009 instead of 87.06 million b/d as forecast last month. The EIA blames weaker demand in the US and the industrialised world for the…

This article is for Subscriber members only.
Register
Already a member? Log in here