After the long downturn, the coming year will be an opportunity for many industries to rejuvenate themselves. Independent researcher IBISWorld sorted through data on 711 U.S.-based industries to come up with these predictions o…
World demand for oil will increase in the final months of 2010, but will be lower than expected in 2011, The International Energy Agency said.
The IEA cut its forecast for 2011 demand to 1.21 million barrels per day, from 1.27 million bpd, Reuters reported. The agency also increased its estimate for 2010 by 260,00 bpd, citing factors such as heating oil restocking.
“The market…
Continue reading World Oil Demand Will Be Lower Than Expected in 2011
World Oil Demand Will Be Lower Than Expected in 2011 originally appeared on DailyFinance on Wed, 13 Oct 2010 08:30:00.