VOL. XLV

No 13

1-April-2002

SUPPLY/DEMAND

DKWR Says Latest IEA ForecastUnderestimates Demand

TheInternational Energy Agencys (IEAs) latest demandforecast of 76.4mn b/d for 2002 represents an underestimate of 600,000 b/d,according to Londons Dresdner Kleinwort Wasserstein Research (DKWR). In its Reactionto IEA Data report, published on 12 March, DKWR says that, while the IEAs latest downward revision of 2002 demand growth bringsthe agency in line with its own forecast of 400,000 b/d, the agencys...