VOL. XLV

No 3

21-January-2002

SUPPLY/DEMAND

World Oil Demand To Reach 118.9Mn B/DIn 2020, Predicts EIA

World oil demand is projected toincrease from 76.0mn b/d in 2000 to 118.9mn b/d in 2020, according to the EnergyInformation Administration (EIA) of the US Department of Energy. In the AnnualEnergy Outlook 2002 report published on 21 December 2001, the EIA says thatthe 2020 demand prediction is higher than last years estimate of 117.4mn b/dbecause of higher projected demand in the US and...