VOL. XLV
No 6
11-February-2002
SUPPLY/DEMAND
EIA Further Reduces2002 Demand Growth Forecast
TheEnergy Information Administration (EIA) of the US Department of Energy hasreduced its oil demand growth forecast for 2002 by 80,000 b/d, but maintainedits prediction for 2003 growth. In its latest Short-Term Energy Outlook,published on 6 February, the EIA says: EIAs global oil demand projections for2002 suggest world oil demand growth of 650,000 b/d, slightly less than the730,000 b/d growth shown in the...
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