Countries such as India and China may well fend off recession and continue their growth patterns. If this happens, not only will demand remain at current levels, it may increase according to the IEA's Chief Economist, Fatih Birol. "If those countries continue to consume oil as much as over the last couple of years they may easily make up losses coming from OECD countries," Birol told Reuters in an interview on the sidelines of the World Eocomic Forum.