OPEC raises 2011 world oil demand growth forecast

OPEC raises 2011 world oil demand growth forecast
Vienna (AFP) April 12, 2011 - The Organisation of Petroleum Exporting Countries (OPEC) raised Tuesday its growth forecast for world oil demand in 2011, expecting little import from recent events in Japan and Libya. World oil demand will now grow by 1.39 million barrels per day (bpd), or 1.61 percent, to 87.94 million bpd, the cartel said in its latest monthly report. In its previous report, OPEC put this year's aver ... more

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