VOL. XXXI
NO. 48
5-SEPTEMBER-1988
OPEC
IEA Expects 2% OECD Consumption Growth in 1988
OECD oil consumption in 1988 is expected to grow by some 0.7mn b/d or 2% over1987, according to the latest (September) Oil Market Report of the InternationalEnergy Agency (IEA). Non-OECD consumption is projected to increase by 0.3mn b/dor 2.3% in 1988. Total world consumption (excluding CPEs) is thus expected torise by around lmn b/d - from 48.8mn b/d in 1987 to 49.8mn b/d in 1989. Andsince non-OPEC supply is...
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!