The Organization of Petroleum Exporting Countries (OPEC) has marginally revised up the demand forecast for crude oil in 2013 to 89.68 million barrels per day from 89.55 mbd estimated a month ago. Estimated oil demand for 2012 is also revised up to 88.84 mbd from 88.80 mbd estimated in January by the organisation which accounts for about 35.0 percent of glob
Tag: Organization of Petroleum Exporting Countries
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OPEC slightly revises up oil demand forecast for 2013
The Organization of Petroleum Exporting Countries (OPEC) has marginally revised up the demand forecast for crude oil in 2013 to 89.68 million barrels per day from 89.55 mbd estimated a month ago. Estimated oil demand for 2012 is also revised up to 88.84 mbd from 88.80 mbd estimated in January by the organisation which accounts for about 35.0 percent of glob