Downstream capacity constraints are likely to slow the pace of demand growth next year as a sustained period of high oil prices threatens the* economic recovery.Oil demand is growing at fates not seen since the 'seventies,amid a 5pc expansion in the global economy in the first half of this year.A 3pc rise this year will take global demand to 82.4mn b/d,2.4mn b/d up on 2003.
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