OPEC an upbeat assessment of the world economy

European Financial Network】 【OPEC (Opec) has made the world economy upbeat assessment of the state and found that the level of oil demand growth in 2010 of 100 million barrels / day is forecast to more than twice the incremental.

From 12 major oil-producing countries formed the club is expected to expand in the medium term demand Jiangzai 540 b / d in 2014 reached 8990 million barrels / day, "higher than expected," 80 million barrels / day.

The monopoly on Thursday issued the annual "World Oil Outlook" (World Oil Outlook), said that "to recover from the global recession faster than expected, had a positive impact on demand." World oil consumption this year, an average of 8550 barrels / day, higher than expected, but still lower than in 2007 8575 million barrels / day pre-recession level of demand.

In the past, OPEC's cautious on the global economy with particular reference to the economic downturn on oil demand. However, the latest report found: "The monetary and fiscal stimulus to help the economy return to growth, there are strong indications that the recovery is in progress, and deal with the financial crisis has been."

OPEC noted that the United States spread seems to indicate that the level of credit risk is deemed to have returned to normal, while the German "The success in exports" to help the EU economy "growth."

The supply side, OPEC output is expected to increase with the anticipated demand for consistency. However, the long term, the cartel's 12 member countries account for most of the global supply growth, reflecting the fact that they have nearly 1 trillion barrels of oil reserves, equivalent to 80% of the known world reserves.

OPEC believes that by 2030, its members will increase by 940 million barrels per day, while the rest of the world will only add 560 million barrels