OPEC reports uptick in 2010 demand outlook

10/18/2010
Marilyn RadlerThe Organization of Petroleum Exporting Countries has revised its forecast of 2010 global oil demand by 100,000 b/d in its latest monthly Oil Market Report, citing a world economy that continues to grow at a below-average pace.OPEC left its forecast for 2011 oil demand growth unchanged from its previous report at 1 million b/d. OPEC expects that demand growth will stronger in the second half of next year and anticipates gains in energy efficiency.The outlook for worldwide oil demand growth in 2010 now stands at 1.13 million b/d, driven by stronger-than-expected, stimulus-led economic growth in the first half of the year.Demand will average 85.59 million b/d in 2010, accordin...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected