iPhone | iPad
Android
Huawei
The actor deserved a better, more entertaining film
KT APPDOWNLOAD
OPEC upgrades forecast for world oil demand in 2010
VIENNA - The OPEC oil producers’ cartel upgraded slightly Tuesday its forecast for world oil demand growth next year, but said demand in advanced economies would contract again.
World oil demand “is forecast to return to growth in 2010 following two years of devastating declines,” the Organization of Petroleum Exporting Countries said in its December report.
It said demand would grow by 0.82 million barrels per day (bpd) or 0.9 percent to average 85.13 million bpd, up slightly from its previous forecast for an increase of 0.75 million bpd.
But growth would be driven by demand in developing countries, with demand in industrialised or OECD (Organisation for Economic Co-operation and Development) nations continuing to contract, the cartel said.
OECD oil demand was set to contract by 0.28 percent in 2010 after falling by a record 3.9 percent in 2009.
Last year was “one of the worst years” in terms of oil demand, with global demand estimated to have contracted by 1.39 million bpd or 1.6 percent to 84.31 millilon bpd, OPEC said.
More news from
Offering a mix of thriller, comedy, action, and drama, these films, already box office hits, are sure to bring the festive spirit to one’s TV screens
The updated schedule, now available for booking, offers travellers the convenience of 2pm departures
The race to book Apple's newest phone — at 4pm today — is expected to be intense, with some enthusiasts hoping to snap up multiple units
The expanded fleet is expected to generate an additional Dh100 million in annual revenues
The series of a premier global route to enable elite amateur golfers to reach the highest level of competition
HONOR Magic V3 unveiled as a milestone in mobile innovation at the event