Middle East Economic Survey
VOL. LIII
No 50
13-Dec-2010
SUPPLY DEMAND
EIA Says Tightening Supply Lends Support To Firming Oil Prices
The Energy Information Administration (EIA) of the US Department of Energy has increased slightly its global crude oil demand forecast for 2010 and 2011 in its latest Short-Term Energy Outlook, released on 7 December. The Outlook lifted global demand estimates for this year and next by 20,000 b/d and 10,000 b/d respectively over last months figures to forecast a...
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