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Global oil to grow in 2014: IEA

Posted on 23 January 2014

Global oil demand will rise faster than expected this year, according to a new International Energy Agency (IEA) forecast that found consumption grew by 91.2m barrels per day (bpd) in Q4 last year, it was reported.
The forecast, in its monthly report on the oil market, said consumption accelerated by 135,000 bpd, buoyed by the recovery of advanced economies led by the US………………………………………..Full Article: Source


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