VOL. XLIV

No 42

15-October-2001

SUPPLY/DEMAND

RussianProduction Set To Grow By 300,000-450,000 B/D In 2002, Says DKW

Russiancrude oil production is expected to increase by 300,000 b/d in 2002 to anaverage 7.228mn b/d, according to the 26 September 2001 issue of DresdnerKleinwort Wassersteins (DKW) Russian Oil Monitor on the basis that theaverage price for Brent falls from $26/B in 2001 to around $19/B during 2002.However, the report says that if international crude oil prices remain at the...