VOL. XL

No. 42

20-October-1997

GENERAL

US Oil Demand Rises 2.9% In 3Q97

US oil demand in third-quarter 1997 averaged 18.7mn b/d, an increase of 2.9% over thesame period in 1996, according to the latest Quarterly Statistics Report publishedby the American Petroleum Institute (API) on 15 October. Demand for gasoline, as measuredby domestic deliveries, also rose by 2.9% from a year ago to average 8.29mn b/d. The APIadded that total 3Q oil imports were up 5.4% from the same period a year ago and...