VIENNA (AP) - OPEC expects less demand for its oil this year, reflecting a world economy that's still struggling.
The Organization of the Petroleum Exporting Countries forecasts that it will need to put 100,000 barrels less crude on the market in 2010 that it did last year.
The estimate was contained in OPEC's monthly oil report, published Wednesday. It said daily demand for OPEC oil will likely be 28.8 million barrels this year.
The report also said demand in 2009 contracted by 2.3 million barrels a day compared to 2008, before the recession fully hit.