VOL XXXI
NO. 6
16-NOVEMBER-1987
OPEC AND OIL PRICES
IEA Reports 1.5% Growth in OECD Demand in Third Quarter
The underlying trend of 1-1.5% growth in OECD oil consumption during thefirst six months of the year continued during the third quarter, according tothe November edition of the International Energy Agency (IEA) Oil Market Report(OMR), with demand at 34.8mn b/d, up 1.5% over 3Q 1986. 3Q world demand outsidethe centrally planned economies (CPEs) is estimated at 46.8mn b/d, up from46.2mn b/d in...
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