CERAWeek: IEA to lower 2008 oil demand forecast

The International Energy Agency will revise downward its forecast for 2008 world oil demand slightly in a report scheduled to be released Wednesday.
Nobuo Tanaka, executive director of the IEA, would not say how much the revision would be, but indicated that the agency still saw strong levels of growth in Asia and the Middle East.
Tanaka made the comment at a press Q&A at CERAWeek Tuesday night.