The Organization of Petroleum Exporting Countries (OPEC) just hiked their 2010 oil demand forecast by about 13%, due to stronger than expected demand from developing nations ('non-OECD' nations). OPEC: World oil demand is expected to grow by 0.9 mb/d in 2010, following a contraction of 1.4 mb/d in the previous year. This represents an upward revision of 0.1 mb/d from the previous assessment. Oil...Source : The Business Insider (subscribe)Explore : Crank, OPEC

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