| The International Energy Agency said Tuesday it sees a need for more OPEC crude on the global market for the remainder of 2014 and in 2015 than it previously forecast despite global demand growth being curtailed.
In its latest monthly oil report, the IEA raised the "call" on OPEC by a combined 400,000 b/d for the third and fourth quarters to 30.8 million b/d. This compares to previous forecasts of 30.7 and 30.5 million b/d, respectively. For 2015, the call has been raised by 100,000 b/d to 29.9 million b/d......................................Full Article: Source
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