Monday 28 July 2014

Oil demand risks downside from EU, US

Seoul, September 12, 2013

Global oil demand could see downside risks while economic growth in emerging markets and Europe slows and the US imports less oil, a senior industry official said on Thursday.
"We see the downside risks to the outlook (for oil demand) from slower economic growth in key emerging markets, weakness in Europe, the collapse in demand for oil imports from the US," UAE Energy Minister Suhail bin Mohammed al-Mazroui said at an industry event.-Reuters 

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