VOL. XLIV

No 51

17-December-2001

SUPPLY/DEMAND

IEA Sees OPEC Market ShareSqueezed In 2002

Demand for crude oil will grow in2002, but the increase will be less than the amount of extra supplies, furtherreducing the call on OPEC crude, according to the International Energy Agency(IEA). In its latest Monthly Oil Market Report, published on 12December, the agencys picture of overall economic recovery and related oildemand is tinged with optimism in small patches, but these do not color thebackground...