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World oil demand to grow in 2014: OPEC

Posted on 06 January 2014

With global economic growth in 2014 projected to increase to 3.5 per cent from 2.9 per cent in 2013, world oil demand is forecast to rise by one million barrels per day, according to the latest monthly bulletin of the Organisation of Petroleum Exporting Countries (OPEC).
World oil demand is expected to grow by one million barrels a day (b/d) in 2014 compared with 900,000 b/d last year, supported by improved performances by the emerging economies and as the global economy continues to recover in general, it said………………………………………..Full Article: Source


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