May 9, 2017 / 4:09 PM / 3 months ago

U.S. EIA lifts 2017 world oil demand growth forecast

FILE PHOTO: A pumpjack brings oil to the surface in the Monterey Shale, California, April 29, 2013.Lucy Nicholson/File Photo

WASHINGTON - The U.S. Energy Information Administration on Tuesday raised its 2017 world oil demand growth forecast by 70,000 barrels per day to 1.56 million bpd.

In its monthly forecast, the agency left its oil demand growth estimate unchanged for 2018.

Washington Energy

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