VOL. XXXIX

No. 11

11-December-1995

OPEC

IEA Hikes 3Q 1995 Demand Estimate 0.6Mn B/D, No Change In World Supply

In its latest supply-demand forecast the International Energy Agency (IEA) added a whopping 0.6mn b/d to its estimate of worldwide demand in the third quarter of 1995. The revision, contained in the IEA's end-November Oil Market Report, lifted global consumption for the quarter to 68.8mn b/d, from some 68.2mn b/d previously. The 0.6mn b/d increase seems to be more or less...