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David Hufton

David Hufton latest

"Nevertheless, further oil price drops would likely be needed for supply to take a hit — or for demand growth to get a lift," the agency said in its October report.
October 16th, 2014 - 03:55 GMT

A free fall? IEA cuts oil demand outlook, says prices could fall further for THIRD time this month

The IEA again cut its forecasts for growth of global oil demand for the third month in a row.
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Most forecasts of global GDP growth next year are between 3.5-4.0 percent, suggesting modest growth in oil consumption
September 21st, 2011 - 07:09 GMT

Oil downside risk rises as outlook for global economy, fuel demand dims

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