The US Energy Information Agency has predicted that the country’s domestic oil demand will rise by 1.9% to 19.9 million barrels/day in the second half of this year. It sees gasoline demand averaging 8.9 million b/d, or 1.4% over year-ago levels. In its latest report, it said: “This week’s drop in crude oil inventories, while…
MARKETS: US oil demand seen growing 1.9% in the second half of 2002
Posted on August 16, 2002 by EnergyAsia