Demand for liquid fuels such as gasoline and diesel have started to show “signs of recovery” this year, the Energy Information Administration said Wednesday. Consumption slowed to 20,000 barrels a day in the first quarter of 2010, but second-quarter consumption rose by 500,0000 barrels a day compared to the same quarter last year, the EIA said in its energy outlook report. The EIA has also increased OPEC and non-OPEC supply forecasts, and said emerging markets represent nearly all the expected growth in world oil consumption. Read more.