Global oil demand will grow in 2012, says the IEA, but with a "two-speed" outlook that will see...


Global oil demand will grow in 2012, says the IEA, but with a "two-speed" outlook that will see strong oil demand in emerging economies and falling demand in developed economies. The IEA expects 2012 global oil demand of 89.9M bpd (+0.8M bpd Y/Y) as non-OECD oil demand climbs 1.2M bpd and OECD consumption falls 0.4M bpd. Crude -0.8% to $99.05.
From other sites
Comments (2)
  • PVizzle
    , contributor
    Comments (743) | Send Message
     
    Is the IEA ever right? Still, interesting piece of info.
    10 Feb 2012, 04:40 AM Reply Like
  • Poor Texan
    , contributor
    Comments (3527) | Send Message
     
    If he's correct, we should be in a position to export more refined oil products.
    10 Feb 2012, 11:04 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs