Middle East Economic Survey
VOL. XLIX
No 8
20-February-2006
SUPPLY/DEMAND
IEAs Predicted 2006 Demand Growth Of 1.78Mn B/D Based On Robust Chinese Growth
The International Energy Agency (IEA) has reduced its short-term demand growth outlook slightly, with recent unusually cold weather in Europe being largely offset by mild North American weather and weak US petrochemical demand. In the latest monthly Oil Market Report, published on 10 February, the IEA says, Global oil product demand growth is...
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