VOL. XLIV
No 33
13-August-2001
SUPPLY/DEMAND
PFCPredicts IEA Will Revise Demand Forecast Upwards
ThePetroleum Finance Company (PFC) of Washington predicts that the InternationalEnergy Agency (IEA) will revise its May and June global demand estimates overthe next month or two, requiring a subsequent upwards revision in its demandgrowth forecast for the year. PFCs prediction, published on 6 August in anexecutive memo in The Strengths and Weaknesses of US Weekly Data,follows the IEAs pessimistic...
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