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SSY News
 IEA GLOBAL OIL DEMAND FORECAST REVISED UPWARDS |
11-02-2010 |
In its latest Oil Market Report, the International Energy Agency (IEA) has revised upwards its global oil demand forecast for 2010 by 170 kbpd to 86.5 mbpd. The forecast for non-OPEC production in 2010 is revised up 120 kbpd to 51.6 mbpd, with the call on OPEC crude predicted at 29.4 mbpd, an upward revision of 300 kbpd. The agency’s refinery crude throughputs for 1q10 remain unchanged at 72.6 mbpd.
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