BP field delay to up 2007 demand for OPEC oil -IEA

Demand for OPEC oil will be 100,000 barrels per day (bpd) more in 2007 than previously forecast after BP delayed the start of a giant Gulf of Mexico oilfield, the head of the International Energy Agency said on Tuesday.

“I am concerned it changes the balance for 2007, that is clear,” IEA Executive Director Claude Mandil said on the sidelines of an oil industry conference in London.

“The call on OPEC for 2007 will be 100,000 bpd higher.”
Reuters