NO. 15



Latest IEA Figures Put 4Q OPEC Crude Output at 23.7mn b/d

World oil demand outside the centrally-planned economies, which rose from50.9mn b/d in 1988 to 51.9mn b/d in 1989, is expected to grow by another 1mn b/dto 52.9mn b/d in 1990, according to the January issue of the InternationalEnergy Agency (IEA) Oil Market Report (OMR). In the OECD countries, demand isexpected to grow by 1.5% in 1990, reaching an average of 37.9mn b/d. For theyear as a...