11.02.2011 - Opec hikes forecast for 2011
From Omanobserver.om: The Opec oil cartel raised yesterday its 2011 global oil demand growth estimate in view of cold winter weather and a “sturdy” economic outlook, particularly for the United States and China. The Organisation of Petroleum Exporting Countries said it was pencilling in world oil demand growth of 1.4 million barrels per day (bpd), or 1.62 per cent, to 87.74 million bpd for this year, compared with 1.23 per cent previously..............................................Full Article: Source
Print