VOL. XLVII

No 14

05-April-2004

SUPPLY/DEMAND

DKWR Examines Prospects For Oil Supply Amid High Prices

There is no prospect that world oil supply is about to peak but rather high oil prices will mean a likely increase in global supply for years to come, according to a Dresdner Kleinwort Wasserstein Research (DKWR) report issued on 17 March. In the report, entitledWorld Oil Supply: Cost Matters, DKWR said it regarded the Middle East as an under exploited province, where a combination of various...