IEA revises 2013 oil demand forecast
- Middle East: 5 hours, 16 minutes ago
The International Energy Agency (IEA) has raised its forecast for global oil demand this year for the first time since January, following revisions to estimates of German gasoil consumption, Bloomberg has reported. The Paris-based intergovernmental organisation raised the estimate by a "marginal" 65,000 barrels a day, predicting that world oil use will climb this year by 800,000 barrels a day, or 0.9%, to 90.6 million a day. "The global oil demand forecast was raised by a marginal 65,000 barrels," mainly "due to upward revisions to German gasoil data for 2012," the IEA said in its monthly oil market report.
Related Content
Article Options
Disclaimer »
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / 4C and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / 4C can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / 4C.
In no event shall AME Info FZ LLC / 4C be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.





