Mon, Dec 22, 2014
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Commentaries, Market Moves, Oil more

Slowing Asia growth adds to oil market uncertainty, IEA says

Posted on 22 October 2012

Slowing economic growth in Asia is adding to uncertainty in the oil market, according to the executive director of the International Energy Agency. The world is becoming increasingly dependent on Asia to supply oil products, the IEA’s Maria van der Hoeven said.
The IEA has lowered its forecast for global demand growth for 2012 by 500,000 barrels a day, partly because of signs of slowing in China, the Paris-based agency said in its Medium Term Oil Market Report………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 38561 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
S M T W T F S
« Nov    
 123456
78910111213
14151617181920
21222324252627
28293031