VOL. XXXII
NO. 44
7-AUGUST-1989
SUPPLY/DEMAND
IEA Ups Call on OPEC Crude Estimate by 400,000 b/d for 2H 1989
In the latest (August) issue of its monthly Oil Market Report (OMR), theInternational Energy Agency (IEA) has raised its estimates - as compared withthose of the previous month's OMR - for the implied call on OPEC crude(exclusive of stock movements) by an average of 400,000 b/d for the second halfof 1989. Of this 600,000 b/d falls in the third quarter and 200,000 b/d in thefourth quarter.
In...
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