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Old 01-17-2009, 11:49 AM
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Default 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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Old 01-17-2009, 12:27 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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