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General Interest — Quick TakesIEA again cuts 2009 oil demand forecastIn its latest monthly Oil Market Report, the International Energy Agency has revised downward its outlook for 2009 worldwide oil demand.The Paris-based agency now sees worldwide demand averaging 84.7 million b/d, down 570,000 b/d from its previous projection. The new forecast would mean that demand will decline 1 million b/d from 2008.The revised outlook puts average 2009 oil demand in the Organization for Economic Cooperation and Development at 46 million b/d, which is 340,000 b/d lower than in IEA’s previous forecast. Meanwhile, non-OECD demand is cut 230,000 b/d to 38.7 million b/d.These demand outlook redu...

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