VOL. XLVII
No 02
12-January-2004
SUPPLY/DEMAND
EIA Forecasts Strong Demand Growth In 2004 And 2005
The Energy Information Administration (EIA) of the US Department of Energy has published its first forecast of oil supply/demand for 2005, predicting a continued strengthening of global oil demand from an average 79.1mn b/d in 2003 to 80.7mn b/d in 2004 and 82.3mn b/d in 2005. However, despite overall optimism about oil demand growth on the back of economic recovery, the agency bears out OPECs...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!