IEA oil consumption forecast
November 10, 2009 at 09:10 AM EST
[Skip to the end] A modest rise in consumption for next year means the Saudis/OPEC remain firmly in control of price. Global oil consumption is likely to average 86.1 million barrels a day in 2010, the IEA said in an Oct. 9 monthly report, raising next year’s forecast for a third consecutive month. The agency expects demand [...]