E1A lowers forecasts for world oil demand growth for 2013 and 2014

摘要

Citing demand contraction in japan and Europe, and weaker growth outlook in China and India, the EIA has reduced its global oil demand forecasts for the next two years. In its latest August energy outlook, the EIA said world oil consumption will grow by 1.23% or 1.09 million b/d to 89.99 million b/d this year and by 1.36% to 91.29 million b/d in 2014. In June, the agency had expected global demand to reach 90.03 million b/d in 2013 and 91.22 million in 2014, while its May report called for consumption levels of 89.93 million b/d and 91.14 million b/d for the two respective years.