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Oil demand will continue to grow as forecast, despite price collapse, IEA says

( February 10, 2015, 14:38 GMT | Official Statement) -- MLex Summary: Global oil demand will continue to grow this decade, despite a crash in oil prices over the past eight months, the International Energy Agency has said.  Prices fell from a June 2014 high of $115 a barrel to less than $46 last month. In a report published today, the IEA said oil demand will still meet 5.2 million barrels per day by 2020, but that the growth rate over the next five years will be slower than previously forecast.Full statement follows:...

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