The world economy is expected to grow by 5% next year,with global oil demand forecast to rise by 1.4%,or roughly 1.22 million barrels per day,with all growth in demand coming from non-OECD countries.Growth in oil demand,particularly in the OECD,is under pressure from an array of factors - high oil prices are having an impact,as are government policies,changes in consumer behavior,and the weather.
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