VOL. XXXIII
NO. 1
9-OCTOBER-1989
Supply/Demand
IEA Puts OPEC 3Q Crude Production at 22.1mn b/d
1989 demand figures remain unchanged in the October issue of theInternational Energy Agency (IEA) Oil Market Report, with consumption forecastto average 52.1mn b/d for the year, up 1.2mn b/d from the 1988 figure. The majorchange in the latest IEA estimates is on the supply side, with 3Q OPEC crudeproduction now put at 22.1 mn b/d as against the previous 21.5mn b/d, resultingin an overall 3Q surplus of...
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!