VOL. XXXIV
NO. 42
22-JULY-1991
Supply/Demand
IEA Projects Annual Increase of 1.7% in World Oil Demand till Year2005
The latest forecast by the International Energy Agency (IEA) points to amoderate rise in world oil demand of 1.7% annually over the period to 2005, andgreater dependence on Middle East oil production as capacity in other areas continues to decline. This scenario, which is contained in the just-released IEApublication Energy Policies of IEA Countries, 1990 Review, is based on studies...
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