PARIS, June 12 (Xinhua) -- Slowing demand growth and surging supply put global oil markets on course for a major surplus this decade, according to a report released by the International Energy Agency (IEA) on Wednesday.
Based on current policies and market trends, strong demand from fast-growing economies in Asia, as well as from the aviation and petrochemicals sectors, is set to drive oil use higher in the coming years, the report finds.
