Opec Estimates Demand for Oil to Increase By 1.5 Mil/D Barrels in 2006
July 27, 2005
Opec, oil trust, reported on 18 Jul 2005 its estimate of the growth of demand for oil in 2006. The demnd should rise by 1.5 mil/ d barrels to the average 85.2 mil/d barrels in 2006, 1.9% more compared to 2005. This is the first oil consumption estimate, which was reported by Opec for 2006.