Middle East Economic Survey
VOL. XLVII
No 41
11-October-2004
SUPPLY/DEMAND
EIA Raises 2004 Global Demand Growth Forecast To 2.6Mn B/D
The Energy Information Administration (EIA) of the US Department of Energy has raised its forecast for 2004 global oil demand growth for the second month in a row. In its latest monthly Short-Term Energy Outlook, published on 6 October, the EIA says: World petroleum demand growth for 2004 has been revised upwards to 2.6mn b/d, reflecting 3.3% growth over 2003, an...
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