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Saturday, October 22, 2016

The IEA has predicted an increase in oil demand in 2016

The international energy Agency (IEA) said that global demand for oil this year will remain at the level was 95.9 million barrels a day. These data are shown in the monthly report of the organization.

photo: pixabay.com

While the daily growth of demand for oil, experts say, will be in 2016 at the level of 1.2 million barrels.

Also in the IEA expects a fall in oil production in countries outside OPEC will be in 2016 and 800 thousand barrels daily compared to 2015 year (56.8 million barrels).

In February, the IEA presented a forecast that global oil demand in 2016 was supposed to be 95.6 million barrels per day.

In turn, OPEC predicted that global demand for oil this year will be 94,21 million barrels.

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