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IEA raises 2015 world oil demand growth to record 5 year high

Discussion in 'Market News' started by ForexLive, Oct 13, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    IEA out with their latest forecasts and September numbers - Forecasts 2015 oil demand growth +60bpd to 1.77m. 5 year high - Cuts 2016 by 150kbpd to 1.21m - Raises non-OPEC output by 150k for 2015 and 110k for 2016 on supply from Russia, Brazil and Canada Brent sits on the lows following yesterday's drop

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