Arab Today, arab today iea holds oil demand forecast sees market pressures easing
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Arab Today, arab today
Arab Today, arab today

IEA holds oil demand forecast, sees market pressures easing

Arab Today, arab today

Arab Today, arab today IEA holds oil demand forecast, sees market pressures easing

Paris - AFP

The IEA maintained its forecast of moderate oil demand growth this year but said on Thursday that a tighter market trend since 2009 seems to have eased after a first-quarter rise in global stocks. \"Acknowledging that data remain preliminary, first quarter 2012 fundamentals nonetheless show a clear shift from the seemingly relentless tightening evident over the prior 10 quarters,\" the International Energy Agency said.

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