Demand growth for oil lowest in two and a half years

Source: CNBC
© Scanpix/AP
The International Energy Agency reported that the growth in demand in the oil markets has toned down. This has lead to the agency tor reduce its predictions for the remainder of this year. The IEA stated that demand decreased to the level sub-500,000 barrel per day. In addition, the projection for the global demand growth has fallen to 900,000 million barrels per day on the account of economic unrest and near-zero growth of the Euro zone.

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