VOL. XL

No. 36

8-September-1997

OPEC

World Oil Demand To Rise Annually By 2.7% To 1999, Says DKB

A three-year forecast just published by the London-based financial institution DresdnerKleinwort Benson (DKB) points towards an average annual increase in oil demand of 2mn b/d,rising to new historic peaks each year and hitting 78.1mn b/d by 1999, or equivalent to anannual average increase of 2.7%. Throughout this three-year period, in which the worldeconomy would continue to expand, Iraq is likely...