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Oil Demand seen Rising in 2010-Iran's OPEC Governor - ASHARQ AL-AWSAT English Archive
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TEHRAN, (Reuters) – Oil demand is expected to increase next year after a decline in 2009, Iran’s OPEC governor was quoted as saying on Wednesday.

“Considering the relative recovery of the global economy, it is expected that oil demand in the year 2010 will be increased between 500,000 and 1 million barrels,” the Mehr News Agency quoted Mohammad Ali Khatibi as saying.

“In the current year the oil demand was negative compared to the previous year,” he said, without giving more details.

Asharq Al-Awsat

Asharq Al-Awsat

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

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