International Energy Agency increases forecast of world oil demand in 2016 by 30 thousand barrels per day

The International Energy Agency has increased its forecast of the global oil demand in 2016 by 30 thousand barrels per day to 96.1 million barrels per day largely due to strong demand from Europe. This is stated in the July report of the agency.

At the same time, the agency predicts the daily growth of the demand for oil in 2016 at the level of 1.4 million barrels compared to 2015.

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