VOL. XLIV

No 47

19-November-2001

SUPPLY/DEMAND

IEA Maintains Demand GrowthPredictions But Sees Market Share As Key Issue

The International Energy Agency(IEA) has carried over its pessimistic global demand growth forecast from October,predicting a 100,000 b/d increase this year and a 600,000 b/d rise in 2002. Inits latest Monthly Oil Market Report, published on 12 November, theagency warns that oil prices are falling despite indications that producers areconsidering further output reductions, and...