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UAE sees global oil demand to grow by 90,000 bpd in 2013
- United Arab Emirates: Thursday, January 10 - 2013 at 01:47
Ali Obaid al-Yabhouni, the UAE governor for the Opec, has said moderate and slow recovery of the global economy will only allow for a modest increase in energy demand this year, Zawya Dow Jones has reported. "This modest economic growth will continue and will provide a little room for large increase in demand for energy. This year, the global oil market is expected to grow by just 800,000 barrels per day," al-Yabhouni said in a speech in Abu Dhabi. "The global demand is expected to grow by just 900,000 barrels per day....mainly from non-OECD countries," he said.
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