OPEC hikes 2012 world oil demand forecast
Vienna (AFP) May 10, 2012
OPEC revised its 2012 world oil demand outlook slightly upwards on
Thursday citing a stable US economy and the shutdown of nuclear plants
in Japan, which boosted demand.
The Organization of Petroleum Exporting Countries predicted 2012 demand
at 88.67 million barrels per day (bpd), up 0.90 million bpd from 2011,
in its latest monthly report.
This represented a minor hike from its previou
OPEC revised its 2012 world oil demand outlook slightly upwards on
Thursday citing a stable US economy and the shutdown of nuclear plants
in Japan, which boosted demand.
The Organization of Petroleum Exporting Countries predicted 2012 demand
at 88.67 million barrels per day (bpd), up 0.90 million bpd from 2011,
in its latest monthly report.
This represented a minor hike from its previou
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