Middle East Economic Survey
VOL. XLIX
No 3
16-January-2006
SUPPLY/DEMAND
EIA Predicts Demand Growth Of 1.6Mn B/D In 2006 And 1.9Mn B/D In 2007
In its first detailed global petroleum market outlook for 2007, the Energy Information Administration (EIA) of the US Department of Energy predicts strong demand growth as Asias developing economies expand. In the latest monthly Short-Term Energy Outlook, published on 10 January, the EIA says: World oil demand growth is expected to increase from 1.2mn b/d in...
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