OPEC AND OIL PRICES
Demand Estimates Unchanged in July OMR
In the July issue of its monthly Oil Market Report (OMR), the International Energy Agency (IEA) retains its estimate of 1986 world oil demand unchanged from June at 46.4mn b/d. However a reduction in the figures for non-OPEC supply of 0.2mn b/d for 3Q and 0.2mn b/d for 4Q and the year means that the additional requirements figures rise by equivalent amounts to 17.8mn b/d, 19.2mn b/d, and 18.5mn b/d respectively.
On the...
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!