| From Financialpost.com: Even with the drop in European consumption, global petroleum use should climb well above the increase in non-OPEC supplies, according to Scotia Capital economist Patricia Mohr.
While consumption began to turn around in the fourth quarter of 2009 and is expected to advance to 86.2 million barrels per day, she warned that a significant increase in natural gas liquid supplies linked to massive LNG development in the Persian Gulf represents a "wild card" in the forecast...............................................Full Article: Source
|