VOL. XLIV

No. 08

19-February-2001

SUPPLY/DEMAND

Stone Bond Predicts Increased Oil Demand And Continuing High Prices In 2001

Worldwide crude oil demand will rise from 76.5mn b/d in 2000 to average 77.4mn b/d in 2001, according to Stone Bond, Houston. In its The Year Ahead forecast published on 29 January, Stone Bond says: Our demand figures are higher than those of the International Energy Agency because, in our opinion, the IEA estimates understate non-OECD demand. (See Table below, and for...