LONDON Nov 9 World oil demand growth could fall
short of forecasts next year, exporter group OPEC said on
Friday, citing Europe's troubled economy and the risk of
weakness in faster-growing regions such as China and India.
The Organization of the Petroleum Exporting Countries, in a
monthly report, left its forecast for growth in world demand in
2013 almost unchanged, reducing it by 10,000 barrels per day
(bpd) to 770,000 bpd. But it said a larger reduction may follow.
"The forecast oil demand growth has a notable downside risk,
especially in the first half of the year," said the monthly
report from OPEC's Vienna headquarters. "Much of this risk is
attributed to not only the OECD, but also China and India."
OPEC, which pumps more than a third of the world's oil,
reiterated a warning it first made this summer that factors
including economic weakness could shave 20 percent from next
year's global demand growth assessment.
(Reporting by Alex Lawler; editing by William Hardy)