Drop in oil demand slowing?

February 4, 2009
oildemand

The drop in U.S. oil demand against year-ago levels has begun to slow as data is compared with weak levels from 2008, when consumption slowed due to the slumping economy and the high fuel prices seen during the first half of the year.

The graph shows the change in U.S. demand over the four-week period from levels from the previous year.

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