Middle East Economic Survey
VOL. XLVIII
No 46
14-November-2005
SUPPLY/DEMAND
EIA Trims Demand Growth Outlook Further To 1.1Mn B/D In 2005, 1.8Mn B/D In 2006
The Energy Information Administration (EIA) of the US Department of Energy has reduced its demand growth outlook further as recovery from Hurricanes Katrina and Rita is taking longer than expected. In the latest monthly Short-Term Energy Outlook, published on 8 November, the EIA predicts that global oil demand growth will be 1.1mn b/d this year...
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