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Global
oil use to grow by 1.7 mn barrels per day
Wednesday June 08, 2011 10:20:06 AM,
IANS
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New York:
The total oil consumption across the world will grow by 1.7
million barrels per day in 2011, the US Energy Information
Administration (EIA) said.
The agency also predicted in a review released Tuesday that the
global oil consumption in 2012 will increase by 1.6 million
barrels per day, Xinhua reported.
World benchmark crude oil prices reached their highest level of
this year at the end of April, fell by about 10 percent by May 9
and have changed very little since then, according to the EIA
report.
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