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Washington - Demand for oil for the first time will experience a decrease recorded since 1 last decade. Destabilizing the global economy becomes the main cause.
U.S. Energy Information institutions or U.S. Energy Information Administration (EIA) reported world oil demand will fall 50,000 barrels per day in the year 2008. Meanwhile, for 2009, decrease estimated to be greater than 450,000 barrels per day (BPH).
EIA also projected lower world economic growth to only 0.5% in 2009. EIA is the original projection of 1.8%.
"Destabilizing the world economy of late, now projected will be more widespread and long and into the causes of the decline in world energy demand further. In addition, it will cause a decrease in the price of oil and other energy," said EIA in a statement, as quoted from Reuters, Wednesday (10/12/2008).
The last time world oil demand is down in 1983, which is part of the decrease in succession from the consumption of oil that have occurred since 1980.
Demand for crude oil that the world continues to fall it became one of the causes of anjloknya oil prices, which have in the point tertingginya U.S. $ 147 per barrel in mid-July.
In trading Tuesday (9/12/2008) yesterday, oil prices recorded back down. The type of light oil declined 1.64 dollars to U.S. $ 42.07 per barrel. While the type of Brent oil also decreased to 1.89 dollars to U.S. $ 41.53 per barrel.
"The increasing likelihood of a weaker economy will continue to dominate the market perception, and to bring pressure on oil prices," said EIA.
EIA estimates the price of crude oil the world will reach U.S. $ 51 per barrel, or lower than the original projection of U.S. $ 63.50 per barrel
Washington - Demand for oil for the first time will experience a decrease recorded since 1 last decade. Destabilizing the global economy becomes the main cause.U.S. Energy Information institutions or U.S. Energy Information Administration (EIA) reported world oil demand will fall 50,000 barrels per day in the year 2008. Meanwhile, for 2009, decrease estimated to be greater than 450,000 barrels per day (BPH).
EIA also projected lower world economic growth to only 0.5% in 2009. EIA is the original projection of 1.8%.
"Destabilizing the world economy of late, now projected will be more widespread and long and into the causes of the decline in world energy demand further. In addition, it will cause a decrease in the price of oil and other energy," said EIA in a statement, as quoted from Reuters, Wednesday (10/12/2008).
The last time world oil demand is down in 1983, which is part of the decrease in succession from the consumption of oil that have occurred since 1980.
Demand for crude oil that the world continues to fall it became one of the causes of anjloknya oil prices, which have in the point tertingginya U.S. $ 147 per barrel in mid-July.
In trading Tuesday (9/12/2008) yesterday, oil prices recorded back down. The type of light oil declined 1.64 dollars to U.S. $ 42.07 per barrel. While the type of Brent oil also decreased to 1.89 dollars to U.S. $ 41.53 per barrel.
"The increasing likelihood of a weaker economy will continue to dominate the market perception, and to bring pressure on oil prices," said EIA.
EIA estimates the price of crude oil the world will reach U.S. $ 51 per barrel, or lower than the original projection of U.S. $ 63.50 per barrel
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