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.
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