Middle East Economic Survey

VOL. XLVIII

No 3

17-January-2005

EIA Predicts 2.1Mn B/d Demand Growth In 2005 And 2006

The Energy Information Administration (EIA) of the US Department of Energy predicts that global petroleum demand growth will continue strongly during the next two years, with demand rising from 82.4mn b/d in 2004 to 84.5mn b/d in 2005 and 86.5mn b/d in 2006. In the latest edition of the monthly Short-Term Energy Outlook, published 11 January, the EIA says: World petroleum demand...