Home News OPEC raises forecast for oil demand growth in 2011 slightly

OPEC raises forecast for oil demand growth in 2011 slightly

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2010-07-15_Ölbohrturm_ddp VIENNA ( Dow Jones) – The Organization of Petroleum Exporting Countries (OPEC ) expects for the coming year, only a slight increase in the Oil demand. In its monthly report published on Thursday predicts the Organization for 2011 , an increase of daily Demand by 1.0 million barrels compared to 2010th ( Reuters photo 🙂

For the current year the organization still expects to increase with a 900 000 Barrels over the previous year.
For the daily demand for oil from the twelve OPEC countries , together about 40 % of daily consumed about 86 million barrels produce , 2011 , an increase of 200 million barrels would respect 2010 expected. On Tuesday , the International Energy Agency had (IEA ) its forecast for growth of the daily oil demand for the current year to 1.3 million barrels lifted.

 
Website: www.opec.org

- By Spencer Swartz , Dow Jones Newswires
+49 ( 0 ) 69 29 725 300, konjunktur.de @ dowjones.com
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