Middle East Economic Survey
VOL. LII
No 11
16-Mar-2009
SUPPLY/DEMAND/OPEC
EIA Forecasts Global Crude Oil Decline At 1.4Mn B/D During 2009
The Energy Information Administration (EIA) of the US Department of Energy has increased by 200,000 b/d its estimate for the decline in global crude oil demand for 2009 compared with its previous monthly forecast (MEES, 16 February). In the latest issue of its Short-Term Energy Outlook (Outlook), published on 10 March, the EIA said average annual world oil...
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