Subscribe to RSS feedMiddle East crude exports face slow return to growth
by
Martyn Wingrove, London
—
last modified
Jul 09, 2009 04:33 PM
GLOBAL crude oil trading should rise by 1.5% annually to 2014 as the world recovers from the global recession, but Middle East exports may not return to 2008 levels during that period.
The International Energy Agency (IEA) expects a rebound in the volume of crude oil shipped around the world over the next five years, with African exports rising the most rapidly.
The agency forecasts a swing in oil trades from...
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