Oil edges up on estimate of strong demand, Syria a risk | Reuters:
"Crude oil prices edged up on Thursday as demand was estimated to have remained strong despite slowing growth in Asian economies, and as Russian and western air campaigns in Syria worried markets.
World oil demand surged in the first six months this year against the same period in 2014, due to a halving in crude oil prices and significant declines in the price of most fuels in many consuming countries, according to national estimates submitted to the Joint Oil Data Initiative (JODI).
JODI reported consumption averaged 71.4 million barrels per day (bpd) in the first six months of 2015, up from 69.1 million bpd in the year-ago period, an increase of 2.3 million bpd or 3.3 percent."
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