VOL. XLII

No. 26

28-June-1999

GENERAL

IEA Boosts Projections For 1999 Oil Demand

Upward revisions in oil demand estimates for 1999, withparticular emphasis on the first and fourth quarters, again figure prominentlyin the latest (June) Monthly Oil Market Report (MOMR) published by theInternational Energy Agency (IEA). The Agency has increased its demandestimates, in comparison with the May figures, by 0.4mn b/d for 1Q and 0.5mnb/d in 4Q mainly reflecting gains in Asia-Pacific and North America ...