VOL. XLIV

No 48

26-November-2001

SUPPLY/DEMAND

EIA Predicts Global Oil DemandWill Grow To 119Mn B/d in 2020

The Energy InformationAdministration (EIA) of the US Department of Energy predicts that worldwide oildemand will rise from almost 76mn b/d in 2000 to 118.89mn b/d in 2020. In anabridged version of its Annual Energy Outlook 2002, published on 14November (the complete report will be published on 21 December), the EIA says ithas raised its projected oil demand figure for 2020 from the 117.4mn...