Via Euronews:

“The oil producers group has raised its medium and long-term forecasts for oil demand, even as it said there is uncertainty because of Europe’s sovereign debt crisis and a slowing global economy.

OPEC Secretary General Abdullah al-Badri told reporters: ‘There is a trend in lowering demand because of the economy, a lot of uncertainties in the world economy.’

In its 2011 World Oil Outlook report the cartel warned that uncertainty over energy and environmental policy is also confusing the picture.”