...

EIA Forecasts Rise of World Demand for Oil in 2009

Oil&Gas Materials 8 October 2008 17:59 (UTC +04:00)

Azerbaijan, Baku, 8 October / Trend corr A.Badalova / The US State Energy Information Administration (EIA) forecasts rise of the world demand for oil by 780,000 barrels a day to 86.92mln barrels a day in 2009.

In accordance with the EIA forecasts, the world demand for oil will rise by 300,000 barrels a day to 86.14mln barrels a day in 2008. This figure is by 350,000 barrels a day lower than the volume, forecasted by the EIA in September.

Demand for oil in countries, which are not included in the Organization for Economic Cooperation and Development (OECD), will rise by 1.4mln barrels a day to 38.07mln barrels a day in 2008. Demand for crude base in the OECD countries will make up 48.07mln barrels a day in 2008, which is by 1.1mln barrels lower than the demand in 2007.

The OECD countriesї demand for oil will be reduced by 0.51mln barrels a day to 47.56mln barrels a day in 2009. Demand of countries, which are not included in the organizations, will rise by 1.29mln barrels a day to 39.36mln barrels a day in 2009.

The State Energy Information Administration is a statistic agency of the US Energy Department, established by Congress in 1977.

The correspondent can be contacted at с[email protected]

Latest

Latest