(Bloomberg) -- The International Energy Agency raised its global oil demand estimate for next year for a second consecutive month, citing growth in Chinese consumption and stronger-than-expected oil use in the U.S. World oil consumption is likely to average 85.7 million barrels a day next year, 450,000 barrels a day more than previously estimated, the adviser to 28 nations said today in its monthly report. Demand growth next year, at 1.27 million barrels a day, is lower than previously forecast after the outlook for 2009 was also increased.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=abmz8y9WRlXo
No comments:
Post a Comment