VOL. XLV

No 19

13-May-2002

SUPPLY/DEMAND

EIA Maintains 2002 Oil Demand GrowthForecast But Increases Overall Demand Figures

TheEnergy Information Administration (EIA) of the US Department of Energy hasmaintained its forecast of oil demand growth in 2002, but has increased itsquarterly demand figures for 2002 and its annual demand forecasts for 2002 and2003 by around 300,000 b/d. In the latest edition of its monthly Short-TermEnergy Outlook, published on 6 May, the EIA says: World oil demand growth...