OPEC cuts 2008, 2009 oil demand forecasts

摘要

London-OPEC has cut its estimates of world crude oil demand in 2008 and 2009 as global economic turmoil continues to have a negative impact on consumption. In its latest monthly oil market report, OPEC's Vienna-based Secretariat said it now expects oil demand to rise by 490,000 b/d in 2009, down from a previous estimate of 760,000 b/d growth, compared with this year. In outright terms, OPEC cut its estimate of world oil demand in 2008 by 260,000 b/d to 86.19 million b/d, and reduced the same figure for 2009 by 530,000 b/d to 86.68 million b/d.