IEA Predicts Crude Awakening

``The International Energy Agency (IEA) raised its forecast for crude oil today saying demand will rise in 2010 with much of the push coming from emerging markets like China and India. According to the Telegraph, the revision comes even after crude oil has suffered its worst weekly drop since January. But the IEA believes demand will rise by 1.4 million barrels to 85.2 million barrels a day, an improvement of 1.7% overall. ''