Azerbaijan, Baku, September 17 / Trend , A.Badalova /
According to the forecasts of OPEC, world oil demand will stop its fall and rise by 0.5 million barrels per day to 84.6 million barrels in 2010.
The September report of OPEC says that the economic recovery in the United States would cause oil demand growth in North America by 0.2 million bpd in 2010.
Nevertheless, in the countries of the Organization for Economic Cooperation and Development (OECD), OPEC expects reduction in oil demand by 0.3 million bpd to 45.43 million next year.
In 2009, OPEC predicts reduction in world oil demand by 1.6 million bpd to 84.04 million bpd.
"Despite that in the first half of this year the global oil demand dropped by 2.7 million bpd, in the second half of the year it is expected to fall by only 0.5 million bpd," the OPEC report says.
Of the total oil demand this year, 45.72 million bpd falls on OECD countries, which is 1.83 million bpd lower than demand in 2008.
According to OPEC projections, the fall in oil demand in the U.S. this year would amount to 0.94 million bpd. The countries of the former Soviet Union are projected to consume 3.99 million bpd this year.
As stated in the report, the volume of world oil supply in August amounted to 83.98 million bpd, which is 0.37 million lower than the previous month. The share of OPEC oil supply in the global supply is projected to reach 34.3 percent, slightly higher than in the last month.
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