IEA trims expected growth in oil demand for 2012/2013 by 300K–400K barrels per day
Green Car Congress
AUGUST 11, 2012
The International Energy Agency’s August Oil Market Report (OMR) trims 2012/2013 oil demand expectations by 300-400 thousand barrels per day (kb/d), although annual growth remains in an 800-900 kb/d range both years. This follows baseline data revisions and a weaker economic prognosis for 2012/2013. mb/d in 2013.
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