| 15.04.2009 - Oil’s recovery seen ahead |
| From Thenational.ae: The slide in global oil demand may be slowing, setting the stage for a recovery to start later this year, according to a US government forecast. The Energy Information Administration (EIA) predicted yesterday in its latest short-term energy outlook that world oil consumption this year would fall by 1.35 million barrels per day (bpd). This is slightly less than the 1.4 million bpd drop it predicted last month......Full Article: Source |