David, director of the oil industry market sector of the agency fee husband said: "40 quarters in the past 10 years, only seven quarter oil demand seen down, which took place in 2008 during the financial crisis the other two occurred in the 2000 economic recession. Fourth quarter of last year, oil demand in the worldwide general contraction is very rare, indicating that the current global economy has a significant downside risks.
The IEA believes that the international oil industry is currently faced with multiple risks, Iranian crude oil exports may be subject to Western sanctions, will result in the lack of European refiners supply of goods; geopolitical tensions will lead to rising oil prices, and may squeeze the market demandWorld Steel Pipe .
The International Energy Agency, said the 2012 first quarter average daily global oil demand growth is expected to cut 500,000 barrels to 800,000 barrels; 2012 as a whole, average daily oil demand growth is expected to cut 20 million barrels to 110 million barrels; such as the Global further economic slowdown may again cut global oil demand growth is expected, not even rule out the possibility to adjust the zero growth is expected.
According to reports on the 19th, the International Energy Agency (IEA) released the latest monthly oil market report World steel pipe network editing , "said the weak global economy, crude oil prices higher and 2011 warm winters of the three major factors, the international demand for oil since the 2008 financial the first decline since the crisis. The fourth quarter of 2011, global oil demand compared to last year the daily reduction of 30 million barrels; the full year 2011 average daily oil demand for 8950 million barrels.