The Organization of Petroleum Exporting Countries
Friday made further downward revisions to its global
oil demand estimate in 2009, citing the deepening
economic crisis for its bearish outlook.
The group of oil exporters revised 2009 world oil demand
down by 400,000 barrels a day, to 85.1 million barrels
a day, 600,000 barrels a day lower than in 2008.
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