PARIS (AFP) - The International Energy Agency raised slightly its forecast for global oil demand this year on Friday, but held its forecast for next year steady. It raised its overall forecast for 2010 by 50,000 barrels per day. This reflected mainly slightly higher-than-expected demand in North America and advanced countries in Asia. Those increases more than offset a lowering of forecast overall demand from non-OECD countries and notably the Middle East and Asia, by 30,000 barrels a day. Demand in China will continue to grow strongly, but at a sharply slower pace, the IEA said. Emerging economies, notably China, in Asia and in the Middle East, have been strong drivers of economic growth and therefore of oil demand as the world economy reaches for recovery from the economic crisis. But the IEA said the latest data showed unexpectedly firm oil demand from advanced economies in North America and Asia, with a caveat that activity in Japan was sluggish. Here is some of the main data from the IEAs monthly review of the global energy and oil markets. Global oil demand is now forecast to be 86.6 mbd this year and 87.9 mbd next year. This means that demand this year would increase by 1.9 million barrels per day or by 2.2 percent from the level last year, but by 1.3 million barrels a day or just 1.5 percent in 2011 from this years level. On Thursday, the Organization of Petroleum Exporting Countries held steady its forecasts for global oil demand, saying demand this year would grow by 1.05 mbd or 1.2 percent to 85.51 mbd, and next year by 1.2 percent to 86.56 mbd. These total figures are lower than the figures from the IEA on Friday. The IEA recalled that crude prices have generally been range bound in a 70-dollar to 85-dollar per barrel groove since last October and that our oil demand expectations for 2010 have been stable at 86.1-86.6 million barrels per day for the last eleven months. The benchmark price of oil in Singapore on Friday was 74.77 dollars a barrel. Forecast demand for oil from outside the OECD area was revised own by 30,000 bpd for this year and also in 2011 Total demand from these countries was expected to average 41.0 mbd in 2010, representing an increase of 1.7 mbd or 4.4 percent from the level last year. For 2011, demand would rise to 42.5 mbd, a rise of 1.5 mbd or 3.6pc from the level in 2010. The agency also noted that spare capacity within OPEC, a key factor in the oil market, has exceeded 5.0 mbd since early 2009. Supplies from OPEC fell by 60,000 barrels per day in August to 29.2 mbd, but demand for OPEC oil including demand from stocks, was expected to rise to 29.3 mbd in the third quarter of the year. The figure for the fourth quarter would be 28.8 mbd. In 2011, demand would be 29.2 mbd, an increase of 0.3 mbd from the level in 2010. Global oil supplies fell by 250,000 barrels to 86.8 mbd in August mainly because of declines arising from maintenance work in Canada, Britain and Russia. In July, OECD industrial stocks rose by 19.0 million barrels to 2,785m barrels or 61.4 days of consumption. OECD industrial stocks have been oscillating around 60 days (of consumption) for most of the last 18 months. Such stocks are near record high levels.