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2019-02-18 12:25:00

OIL DEMAND GROWTH 1.4 MBD

OIL DEMAND GROWTH 1.4 MBD

IEA - Oil Market Report February 2019

Highlights

  • Growth in 4Q18 was robust at 1.4 mb/d y-o-y and for 2018 as a whole growth was 1.3 mb/d. China (0.44 mb/d), India (0.21 mb/d) and the US (0.54 mb/d) contributed 1.19 mb/d of the total.
  • Growth in demand in 2019 is expected to be 1.4 mb/d. It is supported by lower prices and the start-up of petrochemical projects in China and the US.…

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Tags: OIL, PRICE, BRENT, WTI, DEMAND
Chronicle:
OIL DEMAND GROWTH 1.4 MBD
2019, September, 11, 11:25:00
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