Global oil use to grow by 1.7 million barrels per day

The agency also predicted in a review released Tuesday that the global oil consumption in 2012 will increase by 1.6 million barrels per day, Xinhua reported.

World benchmark crude oil prices reached their highest level of this year at the end of April, fell by about 10 percent by May 9 and have changed very little since then, according to the EIA report.

DH Newsletter Privacy Policy Get top news in your inbox daily
GET IT
Comments (+)