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OPEC forecasts world oil demand would rise next year

Published: 14/07/2009 05:00

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The Organization of the Petroleum Exporting Countries (OPEC) forecasted that the world oil demand this year would be lower again, but it would grow in next year.

According to the OPEC latest monthly oil market report released on Tuesday, the average global oil demand in 2009 was 83.84 million barrel every day (mb/d), amounting to a decline of 1.65 mb/d compared to last year, which increased 0.03 mb/d in comparison to the forecast in last monthly report.

However, it was forecasted in the report that the global oil demand in 2010 would be positive, representing an increase of 0.5 mb/d to 84.34 mb/d.

VietNamNet/Xinhuanet

Provide by Vietnam Travel

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