VOL. XLIV

No 44

29-October-2001

Non-OPECProduction

By Paul Horsnell

The following is a review of thecurrent state of non-OPEC production as presented by JP Morgan energy analystPaul Horsnell and published in the 18 October issue of JP Morgans Oil Market.

Oil supply and demand forecastingshould perhaps be thought of in much the same way as long run weather forecasting,but as somewhat less reliable. It can give some general feeling for the broadbrushstrokes, but little precision that anyone would...