The IEA said it was raising its forecast because it was taking "a more robust view of US economic growth and the impact of this and other factors on China's oil demand growth prospects".
133
Oil Demand Grows: IEA
The International Energy Agency warned Monday that crude oil demand will grow
The International Energy Agency warned Monday that crude oil demand will grow even faster than expected as China's need for energy stays permanent.
The Agency said demand would rise 1.8 million barrels a day to 84.3 million due to freezing weather and strong growth in the US and China.
US light crude climbed 89 cents, while Brent crude gained 44 cents, returning from Thursday's falls back towards the highs seen earlier in the week.
The IEA said it was raising its forecast because it was taking "a more robust view of US economic growth and the impact of this and other factors on China's oil demand growth prospects".
The IEA said it was raising its forecast because it was taking "a more robust view of US economic growth and the impact of this and other factors on China's oil demand growth prospects".
Подпишитесь
