Middle East Economic Survey


No 41


EIA Sees Return To Demand Growth In 4Q09 Led By Non-OECD Countries

The Energy Information Administration (EIA) of the US Department of Energy said in the latest issue of its Short-Term Energy Outlook (Outlook) released on 6 October, that it expects world oil consumption to grow in the fourth quarter of 2009 compared with year-earlier levels, which would be the first growth in oil demand for five quarters. It projected that world oil...