VOL. XLV
No 37
16-September-2002
SUPPLY/DEMAND
IEA Reports Falling Crude StocksBut Reduces 4Q02 And 1Q02 Call On OPEC Supplies
TheInternational Energy Agency (IEA) predicts a strong rise in demand in the nearterm, but has reduced its estimated call on OPEC crude because of risingnon-OPEC supplies. In the latest monthly Oil Market Report, published on 11 September, theIEA says it has raised its prediction for 3Q demand by 220,000 b/d because ofstrong US gasoline demand: Global demand is now...
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