VOL. XLV

No 24

17-June-2002

SUPPLY/DEMAND

EIA Cuts Estimate Of Second Half Demand

TheEnergy Information Administration (EIA) of the US Department of Energy hasincreased its estimate of overall demand growth for 2002, but has reduced itsexpectations for demand recovery in the second half of the year. In the latestedition of its monthly Short-Term Energy Outlook, published on 7 June,the EIA says: EIAs current Outlook estimates world oil demand growth of over 600,000 b/d in2002, with a demand...