IEA may be substantially lower global oil demand forecast

International Energy Agency (IEA) Nobuo Tanaka, Director-General said here today that more bleak because of the economic data has emerged, the International Energy Agency is likely to significantly cut its global oil demand forecast.

Nobuo Tanaka is at the primary energy told Reuters during the meeting made the remarks. He said that the downward global oil demand will be high possibility of prediction.

Nobuo Tanaka said: "We not only have the current statistics from the International Monetary Fund, but also have come from the Organization for Economic Cooperation and Development statistics. All of these data seem frustrating, therefore, reduced the possibility of possible are great, but I can not say how much it has in the end. "

28 developed countries as the International Energy Agency energy consultants will be published in mid-April at the next issue of its monthly oil market report.

Source: www.in-en.com Apr. 3, 2009