LONDON:
World oil demand growth will slow in 2013 from the already weak 2012, The Organisation of the Petroleum Exporting Countries (Opec) said, citing Europe's debt worries, a faltering US economic recovery and deceleration of growth in emerging markets. Opec,which produces a third of global oil, said daily average demand for its crude in 2013 would stay below its current production levels as additional barrels coming out of non-Opec producers will be enough to compensate for modest demand growth.