VOL. XLV
No 4
28-January-2002
SUPPLY/DEMAND
IEA Sees 2002 DemandGrowth Dependent On Economic Rebound
TheInternational Energy Agency (IEA) has maintained its forecast of a 600,000 b/d increasein global oil demand growth in 2002, assuming that the US and global economiesgather momentum around mid-year (see Table 1). In its latest Monthly OilMarket Report, published on 18 January, the IEA says that theimplementation of production cut commitments by OPEC and non-OPEC producers hasthe potential to put...
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