Demand for oil in Europe is set to decrease by the end of this decade, despite an upward trend in most other parts of the world, the International Energy Agency (IEA) says.
Demand in the European member countries of the Organisation for Economic Cooperation and Development (OECD) is projected to be 12.9 million barrels per day by 2020, a net decline of 0.5 million barrels per day from 2014 figures, according to the IEA’s medium-term oil market report , released…