Fiscal Concerns Linger, Despite Easing Demand Growth Alarm
OPEC sees oil demand trajectory in 2013 as less erratic than in the last few years, but the soothing message comes with the caveat that this relies on the global economic recovery not being derailed.
At around 800,000 b/d, projected 2013 oil demand growth is largely unchanged from last month’s Monthly Oil Market Report (MOMR). “The impact of economic turbulence on oil demand...