IEA Boosts 2014 Global Oil Demand Forecast on U.S. Recovery (Bloomberg) Global oil demand in 2014 will top previous forecasts, with U.S. consumption rebounding to its strongest level in five years, the International Energy Agency (IEA) announced today. The IEA estimated in its monthly oil market report that demand will rise by 1.2 million barrels … Continue reading IEA Boosts 2014 Global Oil Demand Forecast on U.S. Recovery