NO. 34


OPEC Experts Differ Widely On 1992 Supply/Demand Outlook

Meeting in Vienna on 11-14 May in advance of the ministerial conference,experts of OPEC member countries on the Economic Commission Board (ECB) came outwith some widely divergent views on the oil supply/demand outlook for the secondhalf of this year.

With regard to estimates for the world economic growth rate (outside theformer CPEs) in 1992, ECB members put forward projections ranging between 1.3and 2.5%,...