OPEC Secretariat Warns Of Threat To Prices From Stock Overhang
In its latest world supply/demand estimates (see table overleaf), submittedto the 12 February meeting of the OPEC Ministerial Monitoring Committee (MMC) inGeneva, the OPEC Secretariat forecasts a modest 0.39mn b/d (0.6%) rise in worldcrude oil requirements this year from 63.97mn b/d in 1991 to 64.36mn b/d in1992. However, as a result of a projected fall in non-OPEC supplies and worldNGL from 41.41mn...
Please log in to read the rest of this story.
You may purchase access to entire MEES digital archives by subscribing. This subscription gives you access to all the content of MEES digital archives up to 1978!