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Saturday, October 20, 2018

No. 11 2011




IEA - fundamentals still strong

The International Energy Agency (IEA) reported in its last monthly report that growth in demand for global oil product remains largely unchanged at 2.9 mbd in 2010 and 1.4 mbd in 2011, but high oil prices entail significant downside risks to this year's outlook. Baseline changes in non ‐ OECD Asia and stronger Middle East levels lift absolute demand slightly to 87.9 mbd and 89.4 mbd, in 2010 an...... More