Azerbaijan, Baku, 19 March / corr Trend A.Badalova / The third buggest bank of the United States JP Morgan forecsts rise in the world oil demand by 1.2mln barrels a day (by 1.4%) to 86.7mln barrels a day in 2008 as compared to 85.5mln in 2007.
In the second quarter of 2008 the US oil demand will drop by 1%, JP Morgan said.
The bank forecasts that this year the oil demand in the countries not entering the Organization for Economic Cooperation and Development (OECD), will increase by 1.3mln barrels to 37.7mln barrels from 36.4mln barrels a day in 2007.
In 2008 the OECD countries will demand 49mln barrels of oil a day, or 0.1mln barrels (or by 0.21%) less than 2007.
In accordance with the bank's forecasts, the volume of oil deliveries by non-OPEC member-countries, will comprise 47.8mln barrels of oil a day in 2008.
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