Oil demand outlook uncertain

THE outlook for Asia Pacific oil demand is choppy with shortages possible in coming decades even as a fall is expected this year, according to analyst firm Wood Mackenzie. 

Oil demand outlook uncertain Oil demand outlook uncertain Oil demand outlook uncertain Oil demand outlook uncertain Oil demand outlook uncertain
However it sees shortages of certain refinery feedstocks already looming this year, suggesting a 3 million barrel a day shortage in 2020 rusing to 3.8MMbopd nu 2027.