Browse related articlesGlobal oil demand to slow, says IAE
Wednesday, March 12 - 2008 at 11:00
The latest monthly report from the International Energy Agency said global oil demand will be lower than expected this year because of slower economic growth in industrialised countries and record prices, reported Reuters. But the report also predicts that demand will remain high in China and the Middle East, and only a severe world recession would send oil below $60 for a sustained period.
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Jeff Florian, Senior ReporterWednesday, March 12 - 2008 at 11:00 UAE local time (GMT+4)
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