Warsaw, May 12, the International Energy Agency (IEA) Nobuo Tanaka, Director-General of May 12 said here today that the International Energy Agency is not likely in the next edition of its report to reduce its forecast for global oil demand.
Nobuo Tanaka told reporters in Warsaw, told reporters that global oil production this year will be decreased substantially. The current very high global oil inventories, which helps to alleviate the current tight supply market.
Nobuo Tanaka, Reuters quoted as saying: "According to our forecast, non-Organization of Petroleum Exporting Countries (OPEC) oil-producing countries on this year's supply of oil will be reduced by 50 million barrels per day, while global oil production will drop this year, 1.7 million barrels per day . "
Last month, the International Energy Agency said that the agency is expected to total world oil demand this year will be 2.4 million barrels a day by more than a monthly report the International Energy Agency in the previous forecast of 1.25 million barrels per day increase of 115 million barrels per day. It is reported that 28 developed countries as the International Energy Agency energy consultant will be released in mid-May in the next issue of its monthly market.
May. 13, 2009
