OPEC Slightly Raises Global Oil Demand Forecast

From Global Times

The Organization of Petroleum Exporting Countries (OPEC) on Thursday announced a slight rise to its global crude oil demand forecast for 2012 and 2013.

According to the latest monthly oil market report, OPEC predicted that global oil demand was expected to reach a daily average of 88.72 million barrels in 2012 and increase up to 89.52 million barrels a day in 2013.

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