Middle East Economic Survey
VOL. LIII
No 11
15-March-2010
EIA Boosts 2010 Demand Growth Forecast To 1.5Mn B/D On Expected Economic Growth
The Energy Information Administration (EIA) of the US Department of Energy revised upward its 2010 crude oil demand forecast by 0.3mn b/d in the latest edition of its monthly Short-Term Energy Outlook, released on 9 March. The EIA said its optimistic updated expectation for global economic growth during 2010 drives the 2010 forecast for oil consumption growth...
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