Russia ensuring rights of workers at FIFA World Cup construction sites — officialSport May 26, 3:08
Russian emergencies minister arrives in flood-hit southern RussiaWorld May 26, 2:56
NATO to join anti-IS coalition but unlikely to engage in combat — chiefWorld May 26, 0:23
Son of LUKOIL corporation co-owner tops list of Russia's richest legateesBusiness & Economy May 26, 0:23
Russian Foreign Ministry: OPCW not rushing to investigate chemical incident in SyriaRussian Politics & Diplomacy May 25, 21:28
Russia’s legendary barque Kruzenshtern calls at Belgian portSociety & Culture May 25, 20:26
OPEC and non-OPEC countries to develop cooperation outside Vienna agreementBusiness & Economy May 25, 19:44
Russia squared-off with Western media blitz to smear World Cup preparationsSport May 25, 19:35
NATO seeks to continue and expand dialogue with RussiaWorld May 25, 19:01
PARIS, March 11 /TASS/. The International Energy Agency (IEA) has raised its forecast for global oil demand growth in 2016 by 200,000 barrels/day to 95.8 million barrels/day. This is according to the agency’s March report.
According to the report, just like in February, the agency expects oil demand growth in 2016 at 1.2 million barrels /day as compared with 2015.
IEA also expects oil production outside OPEC to decline by 750,000 barrels/day in 2016 in comparison with 2015 to 57 million barrels /day. That is 100,000 barrels/day less than in the February forecast.
In February, oil production by OPEC decreased by 90,000 barrels/day and totaled 32.61 million barrels/day.