Oil Demand Accelerating on China, U.S. Growth
Recession Continues to Bite in Europe
Global oil demand this year is
expected to accelerate at nearly double 2012’s pace as stronger economies in China, Latin America
and the U.S. offset sluggishness in Europe, according to the Economist Intelligence Unit.
Consumption worldwide will average nearly 91 million barrels a day in 2013, up 1.5% from about 89.7
million barrels a More >