VOL. XLV
No 25
24-June-2002
SUPPLY/DEMAND
BP Sees Oil Markets RebalancingAfter Flat 2001
Worldenergy consumption grew by only 0.3% in 2001, the fourth year out of the lastfive when consumption growth has been significantly below the decade trend rateof almost 2% a year, according to BP Chief Economist Peter Davies. Launchingthe BP Statistical Review of World Energy 2002 on 18 June, he said: Toa large degree this is not surprising. Low economic growth and high energyprices can be expected to...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!