VOL. XLIV

No 37

10-September-2001

SUPPLY/DEMAND

ABNAMRO Sees Demand Weakness Requiring Another Year Of OPEC Supply Discipline

Inthe current uncertain economic climate the market focus is on the demand side,according to Londons ABN AMRO. In its Oil Macrodynamics report published on 30August, the analyst foresees oil demand growth continuing to outstrip non-OPECoil production growth, leaving OPEC with the capacity to increase output in thenext four years.

OPECis building a good track record of...