APA - IEA increases prognosis on oil consumption

Baku - APA-ECONOMICS. Oil is gaining strength in early morning trade Friday, with the International Energy Agency lifting its outlook for energy demand worldwide in 2010, Eastern Standard Time reported.

The Paris-based agency raised its forecast for global oil needs by 70,000 barrels a day to 86.6 million barrels. The increase represents a gain of 1.6 million barrels a day, or 1.8%, from levels reached in 2009, according to the IEA. The agency said that the greatest demand for energy will come not from mature economies, but from emerging markets.

“APA-ECONOMICS”in məlumatına görə, yeni proqnoz 2009-cu il səviyyəsindən 1,6 mln. barel artıqdır.

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Updated: 02-09-2010

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