Optimum News 12 Newsday.com MSG Varsity Explore LI AM New York Optimum Autos Optimum Homes

OPEC sees 2010 oil demand up almost 1 percent

Quick ReadCiting economic rebound, OPEC projects 2010 oil demand to grow by almost 1 percent

CAIRO (AP) — A rebounding global economy spurred on mainly by China and other developing nations is expected to boost world oil demand by slightly under 1 percent next year, OPEC said Tuesday while cautioning that the pace of recovery remains far from certain.

In its October Monthly Oil Market Report, the 12-nation group that supplies over 35 percent of the world's crude said demand was expected...

Content Preview This content is exclusive for Newsday digital access and 7-day home delivery subscribers and Optimum Online® customers.

Already
registered?
Log in
Already a
subscriber/customer?
Register
Subscribe for
a free trial!
Subscribe

Facebook