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Middle East crude exports face slow return to growth
IEA says it could take more than five years for volumes to return to 2008 levels
Martyn Wingrove - Thursday 2 July 2009
GLOBAL crude oil trading should rise by 1.5% annually to 2014 as the world recovers from the global recession, but Middle East exports may not return to 2008 levels during that period.
The International Energy Agency expects a rebound in the volume of crude oil shipped around the world over the next five years, with African exports rising the most...
