Middle East Economic Survey
VOL. XLVII
No 28
12-July-2004
EIA Predicts Growing Demand Will Diminish Chances For Price Decline Through 2005
Growing oil demand at a time of low inventories and geopolitical uncertainty is expected to bolster oil prices in the foreseeable future, according to the Energy Information Administration (EIA) of the US Department of Energy. In its latest monthly Short-Term Energy Outlook, published on 7 July, the EIA predicts that worldwide oil demand will rise from 79.52mn...
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!