OPEC: Oil Demand Forecast Unchanged

Energy Investing

Bloomberg reported that according to the Organization of Petroleum Exporting Countries, 2012 oil demand forecast remains unchanged.

Bloomberg reported that according to the Organization of Petroleum Exporting Countries, 2012 oil demand forecast remains unchanged.

As quoted in the market news:

Oil use will increase by 1.1 million barrels a day, or 1.2 percent, to 88.9 million a day this year, OPEC said in its monthly report today.

Click here to read the full Bloomberg report.

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