IEA expects slight increase in biofuel share in non-OPEC oil supplies
Wednesday March 14 2012
The latest projections by the International Energy Agency (IEA) point to a y/y increase for the 2012 biofuels share in non-OPEC crude oil supply.
Supply growth in biofuels, especially from fuel ethanol in Brazil and biodiesel worldwide, is seen exceeding increases in fossil non-OPEC supplies.
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