IEA Improves Medium Term Global Oil Demand Growth Forecast

　　 The Paris based International Energy Agency announced the 23 phase of the latest mid term outlook for the energy market, saying that as the economy grows stronger, the global market will become stronger in the next 5 years. crude oil Demand growth is expected to accelerate.

The report predicts that the world economy will grow at an average annual growth rate of 4.5% in the next 5 years, corresponding to the annual average growth rate of global crude oil demand, which is 1.4%, higher than that of the previous 2008~2014 years. The average annual growth rate of global crude oil demand is 0.6%. According to the new growth rate, the average daily demand for crude oil will reach 92 million barrels by 2015.

The report also pointed out that, given the regional disparity in the economic situation, the developing countries with relatively fast economic growth crude oil Demand is expected to grow strongly, but growth in oil demand in Europe's fragile economies will be weak.

The report also pointed out that if the world in the next 5 years Economics The annual growth rate is only 3%, so the annual average growth rate of crude oil demand will drop to 1%.

Tanaka Nobuo, director general of the International Energy Agency, said on the same day that there had been signs of recovery in the crude oil and natural gas markets, but there were regional differences in the impact of the recession, and there was still much uncertainty in the economic outlook. Therefore, it is difficult to predict the future development trend of the energy market.