Domino Printing Sciences
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Asia and Oil Demand
By Tony Daltorio - January 20, 2012 | Tickers: DNO, BNO, USO
For the first time since the 2008-09 financial crisis, global oil demand is down. According to the International Energy Agency, oil demand fell by 300,000 barrels a day year on year in the fourth quarter of 2011.
The IEA said the drop was due to a combination of factors including a weakening global economy, a mild winter in the northern hemisphere and high oil prices.
The agency also lowered more »