VOL. XXXIX

No. 4

23-October-1995

GENERAL

World Oil Demand To Rise To 88Mn B/D By 2010, But Prices Will Remain Unchanged, Says World Bank Report

World oil demand will increase at an average of 1.6% annually during the next 15 years to 87.9mn b/d in 2010, but prices will remain in the low 'teens' to the low $20/B range during that time, according to a report recently published by the World Bank. Significantly higher or lower real oil prices "are less likely than a continuance of present...