US Oil Demand to Inch Up but Imports to Drop to Record Levels by 2014

By International Business Times,  January 09, 2013, 02:06:40 AM EDT

File photo of a worker adjusting the valve of an oil pipe.

File photo of a worker adjusting the valve of an oil pipe.

US oil demand could edge up in 2013 and 2014 after dropping to the lowest level in 15 years in 2012, while imports could slip to the lowest in over two decades, according to government estimates.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

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