VOL. XLIV

No. 11

12-March-2001

SUPPLY/DEMAND

EIA Reduces 2001 Global Demand Growth Forecast To 1.5Mn B/D, Says OPEC Should Maintains Production

With US oil demand a major factor in OPECs mind as it prepares for the ministerial meeting on 16 March (see lead story)the US Department of Energy (DoE) has reduced its forecast for worldwide oil demand growth for 2001 to 1.5mn b/d. In the latest monthly Short-Term Energy Outlook report published on 6 March, the DoEs Energy Information Administration...