GENERAL
2Q Demand Estimate Reduced in Latest IEA Figures
The International Energy Agency (IEA) has reduced its estimate for second-quarter world oil demand to 45.8mn b/d in the June issue of its monthly Oil Market Report (OMR), down 0.3mn b/d from the 46.1mn b/d figure in the May OMR The June figure for 2Q non-OPEC supply is reduced to 28.2mn b/d from 28.3mn in May, primarily due to maintenance work in the North Sea in June, resulting in an additional requirement (call on OPEC crude and...
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!