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OiL FUTURES: IEA Says Signs of Rising OPEC Output May Boost Supply
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http://bajaenergys.blogspot.com/2007/12/oil-futures-iea-says...
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11 months, 3 weeks, 1 day, 23 hours agoFrom the page: "The International Energy Agency, an adviser to 27 nations, said signs of rising OPEC supply have helped lower prices from a record near $100 a barrel in the past month, boosting prospects for winter heating fuel consumers.
Global demand in 2008 is forecast to rise 2.5 percent to 87.8 million barrels a day, the IEA said today in a report. That's 110,000 barrels a day more than last month's estimate. Demand for 2007 was revised lower by 60,000 barrels a day."
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