VOL. XLVI

No 37

15-September-2003

SUPPLY/DEMAND

EIA Predicts 1Mn B/D Oil Demand Growth In 2003 And 2004

World oil demand is predicted to grow by about 1mn b/d in both 2003 and 2004, according to the Energy Information Administration (EIA) of the US Department of Energy. In its latest monthly Short-Term Energy Outlook, published on 8 September, the EIA says: About one-fifth of the growth in world oil demand in 2003 is projected to come from the US, with about one-third coming from other OECD...