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    OPEC Cuts Oil Demand Growth Forecast

    Investing News Network
    Aug. 09, 2011 11:38AM PST
    Resource Investing

    LA Times reports that OPEC cut its forecast for global oil demand growth in 2011.

    LA Times reports that OPEC cut its forecast for global oil demand growth in 2011.

    The market news is quoted as saying:

    World oil demand will increase by 1.21 million barrels per day in 2011, OPEC said, 150,000 bpd less than expected last month.

    Click here to access the entire news

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