China Financial Daily

March 13, 2009

OPEC expected demand for crude to decline and international oil prices fell on 13rd

Filed under: Financial News — Tags: — Nancy @ 10:33 pm -0700

OPEC expected demand for crude to decline and international oil prices fell on 13rd
NEW YORK, on March 13rd, afffected by the Petroleum Exporting Countries (OPEC) and the International Energy Agency once again lowered the demand forecast of international energy and other factors, international oil prices after soared again in the previous session on 13rd occured return. On the same day, the OPEC released report that the global demand for crude oil fell faster than expected, so the organization will increase the prior global demand prediction of 58 million barrels per day for crude oil to 1.01 million barrels per day.

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