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IEA slightly adjusted the forecast for world oil demand

The international energy Agency (IEA) predicts growth in global oil demand in 2016 to 96.3 million barrels per day compared to expected in July 96,1 million barrels per day. In addition, the IEA has raised its forecast for oil demand in 2017, with 97.4 million to 97.5 million barrels a …

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The world Bank has adjusted forecasts of oil prices in 2016

The world Bank (WB) raised its forecast for oil prices in 2016 in connection with interruptions in the supply of hydrocarbons in a number of regions and the strong growth of demand in the second quarter, said the quarterly report Commodity Markets Outlook. However, the world Bank revised forecasts for …

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