Thursday, June 14, 2007
Opec has left unchanged its estimate of 2007 world oil demand growth at 1.5%, or 1.3m bpd, in its June monthly report, according to MarketWatch. Opec has repeatedly resisted calls by oil consuming nations to put more crude on world markets. The group said the US downstream sector was tight, and the market is likely to remain exposed to refinery glitches
Labels: News