Oil Demand going up

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dan_s
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Joined: Fri Apr 23, 2010 8:22 am

Oil Demand going up

Post by dan_s »

The new IEA "Oil Market Report" says global oil demand will exceed global supply of oil (including NGLs) in the 3rd quarter and demand will move even higher in the 4th quarter.

See: http://omrpublic.iea.org/

4th Quarter demand will be over 94 million bbls per day.
Dan Steffens
Energy Prospectus Group
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