(EnergyAsia, February 20, Friday) — World oil demand is expected to fall by 980,000 b/d or 1.1% to 84.7 million b/d this year, said the International Energy Agency (IEA). The decline would be the sharpest since 1982 as the world economy continues to falter under the weight of recession. The IEA said 2008 oil demand…
MARKETS: World oil demand to fall by nearly one million b/d in 2009, says IEA
Posted on February 19, 2009 by EnergyAsia