Azerbaijan, Baku, Oct. 23 / Trend A.Badalova /
Analysts from one of the world's largest banks, U.S. JPMorgan, have predicted an increase in world oil demand by 1.5 million barrels to 86 million barrels per day in 2010. In August, the bank has predicted an increase in world oil demand by 1.3 million barrels to 85.7 million barrels per day.
Some 45.8 million barrels of the total oil demand for 2010 will go to the Organization for Economic Cooperation and Development (OECD) and 40.2 million barrels per day to non-OECD countries.
The analysts forecast that world oil demand will drop by 1.8 million barrels per day to 84.5 million barrels per day in 2009. The world oil demand will stand at 85.2 million barrels per day in the fourth quarter of 2009.
In 2009 the OECD countries will consume 45.6 million barrels per day. Oil demand in the non-OECD countries will increase by 0.4 million barrels and reach 38.9 million barrels per day in 2009.
The U.S. bank predicts a decrease in 2009 in the volume of world oil supplies by 1.9 million barrels to 84.4 million barrels per day. In 2010, the bank's analysts predict the growth of world supply by 1.3 million barrels to 85.7 million barrels per day.
The analysts predict that OPEC oil supplies will be 28.7 million barrels per day in 2009 and 29.1 million barrels per day in 2010.
Non-OPEC countries will supply 48.7 million barrels per day in 2009 and 49.1 million barrels per day in 2010.
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