VOL. XXX

NO. 15

19-JANUARY-1987

OPEC/NON-OPECAND OIL PRICES

Moderate Demand Growth Forecast by IEA in 1987

In the January issue of its monthly Oil Market Report (OMR), theInternational Energy Agency (IEA) is continuing to forecast moderate growth inoil demand outside the centrally planned economies in 1987. As in the DecemberOMR, OECD oil consumption is expected to rise by 2% to 36.2mn b/d in 1Q and by1% to 34.2mn b/d in 2Q, with world demand also unchanged at 48.2mn b/d and46.2mn b/d...