VOL. XLIV
No. 25
18-June-2001
SUPPLY/DEMAND
EIA Trims 2001 Demand Growth Forecast To 1.3Mn B/D
The Energy Information Administration (EIA) of the US Department of Energy has again reduced its crude oil demand forecast for 2001, citing the gradual economic slowdown of the industrialized countries. In the latest edition of its monthly Short-Term Energy Outlook, published on 7 June, the EIA predicts demand growth will be 1.3mn b/d this year, a reduction from last months estimate of 1.4mn b/d, which...
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