Thursday, December 15, 2011

Oil market set to be more balanced in 2012

Global oil demand will grow more slowly this year and next due to a worsening economic outlook while supply is increasing, which should produce a more balanced oil market through 2012, the West's energy watchdog said on Tuesday.

Estimates of global oil demand rise from 88.3 million bpd in 2010 to 95 million bpd in 2016, the IEA said in its twice-yearly estimates for the medium term
� I Media LLC 2011

read more

Source: http://www.albawaba.com/oil-market-set-be-more-balanced-2012-iea-405248

Science fiction Cricket Ireland Paul Myners Tromso Energy efficiency

No comments:

Post a Comment