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#1
01-17-2009, 12:49 PM
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Global oil demand to fall in 2009
Demand for all on a global scale will fall this year according to International Energy Agency (IEA). Demand will decline by almost a million barrell per day, this represent a fall of just over .5% over 2008 figures. The decline was said to be due to the slow down in world economy.
This will not doubt be welcomed by environmental campaign organizations.
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#2
01-17-2009, 01:27 PM
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I bet opec will cut the supply rate to keep the price at the same level.....
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