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OPEC revised its forecast for the global oil consumption |
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World -
Economy
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Wednesday, 14 October 2009 09:49 |
 Given the fact that the global economy is slightly improving, the Organization of the Petroleum Exporting countries (OPEC) increased the forecast for the global oil consumption for this and the next year.
By the end of the year, demand for oil is expected to gather from 1.41 million barrels per day to 84.24 million barrels a day.
According to the latest forecasts of OPEC ,in 2010 the world oil consumption is expected to stop the decline and to start to increase in an amount of 0.7 million barrels per day to 84.9 million barrels a day.
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