VOL. XL
No. 47
24-November-1997
ASIA
Non-OECD Asian Oil Demand To Increase By 730,000 B/D In 1998, Says Merrill Lynch
Total non-OECD Asian oil demand in 1998 is projected to average around 13.8mn b/d,representing a year-over-year increase of 730,000 b/d from the 1997 estimate, according tothe 17 November Energy Outlook published by Merrill Lynch. The 1997 demand growthis estimated to average 885,000 b/d, which reflects some downward adjustment to accountfor the region's current-year economic...
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