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SSY News
 GLOBAL OIL DEMAND RISES YOY |
16-02-2010 |
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Global oil demand fell 980 kb/d month-on-month in January but grew 1.34 mb/d on the year to 85.88 mb/d, as sharp gains in non-OECD countries more than offset lower OECD consumption, reports Energy Intel. China saw y-o-y growth of 1.19 mb/d due to surging economic growth, while OECD demand fell 853 kb/d on the year. Global supply was up over 2 mb/d on the year at 86.63 mb/d, up just 80 kb/d on the month. |
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