VOL. XLIV

No. 20

14-May-2001

SUPPLY/DEMAND

EIA Holds 2001 Demand Growth Forecast At 1.4Mn B/D

After four months of reductions to its forecast of 2001 global oil demand growth, the Energy Information Administration (EIA) of the US Department of Energy has this month rolled its prediction over. In the latest edition of its Short-Term Energy Outlook, published on 7 May, the EIA says that worldwide oil demand is expected to grow this year, despite concerns over a gradual economic slowdown in the...