VOL. XXXIV

NO. 43

29-JULY-1991

OPEC

OPEC Secretariat Supply/Demand Estimates, 1990/1991

The OPEC Secretariat earlier this month updated its supply and demand projections for 1991. The previous estimateswere published in MEES, 3 June. The following table shows the updated figures:(mn b/d)

 Year 1990 1Q91 2Q91 3Q91 4Q91 Year 1991World Crude Oil 51.62 52.57 50.11 51.50 52.95 51.78RequirementsNon-OPEC Supplies 29.35 29.55 29.16 29.23 29.57 29.38and World NGLRequired Production 22.27 23.02 20.95 22.27...