ft.com - 2/11/2009
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Demand for oil will fall this year at the fastest rate since 1982, the International Energy Agency has forecast. The rich countries’ energy think-tank has again cut sharply its prediction for world oil demand this year, and now expects it to average 84.7m barrels per day, down 1m b/d from last ...
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... resigns . - QE UK , the BOE inflation report. - HBOS: The Moore Memo . - A friend in need in Ireland. - Hang all the bankers , and other news. - The Trial of the Pyx . - The graphical (economic) stimulation . - Corporates, economics, politics and more in Markets Live . On FT.com, - Crosby quits as FSA deputy chairman . - Bank sees slowdown deepening . - Credit Suisse losses widen to SFr8bn. - Oil demand to fall at fastest rate since 1982.
Oil demand is fastest drop since 1982
BloggingStocks —
... The International Energy Agency (IEA) said that demand for oil is set to fall at the fastest rate since 1982. World demand is expected to be about 84.7 million barrels per day. This is the second successive year of falling demand since 1982-83. Even in China, where demand has been rising steadily, it is expected that consumption will fall off sharply this year. ...
Oil demand is fastest drop since 1982
BloggingStocks —
... The International Energy Agency (IEA) said that demand for oil is set to fall at the fastest rate since 1982. World demand is expected to be about 84.7 million barrels per day. This is the second successive year of falling demand since 1982-83. Even in China, where demand has been rising steadily, it is expected that consumption will fall off sharply this year. ...
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