VIENNA, September 15, due to the global economy is expected to resume growth, Organization of Petroleum Exporting Countries (OPEC) has raised its global oil demand this year and next year's forecast. Is responsible for 40% of the world's supply of OPEC oil next year its forecast for global oil demand increased by 150,000 barrels a day, and this year its forecast for global oil demand increased by 140,000 barrels, respectively, reached 84.56 million barrels and 84.05 million barrels.
OPEC Secretariat, in its monthly report today, said that around 70 U.S. dollars a barrel oil prices "is likely to continue." The International Energy Agency (IEA) has three times this year raised its forecast for global oil demand next year. According to OPEC Secretariat, the OPEC's output quota by 11 member countries (excluding Iraq) in August of the oil production increased to 26.334 million barrels, OPEC cut production targets to complete the proportion has now dropped to 65%.
Sep. 16, 2009
