VOL. XLIV
No. 29
16-July-2001
SUPPLY/DEMAND
EIA Further Reduces 2001 OilDemand Growth Forecast To 1.2Mn B/D
Forecast oil demand growth hasonce again been revised downwards by the Energy Information Administration(EIA) of the US Department of Energy to 1.2mn b/d for this year and a littlemore than this in 2002. In the latest edition of its monthly Short-Term Energy Outlook, published on6 July, the EIA blames this latest reduction on the gradual economic slowdownin the industrialized countries....
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