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Thursday, 06/11/2015 7:08:09 AM

Thursday, June 11, 2015 7:08:09 AM

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LONDON (Reuters) - Oil prices steadied on Thursday as a bullish report came out from International En(IEA).

IEA, which coordinates energy policy for industrial nations, raised its projection for global oil demand growth in 2015 by 280,000 barrels per day (bpd) to 1.40 million bpd, bringing demand this year to almost 94 million bpd.

The agency said "unexpectedly strong global oil demand growth" had been supporting oil prices and raised its estimate for world demand for crude from OPEC this year.
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