VOL. XXXIX

No. 33

13-May-1996

OPEC

IEA Still Projects Big Growth In Non-OPEC Supply For 1996

Though the supply/demand projections in the latest (end- April) edition of the IEA's monthly Oil Market Report (OMR) show little change from those of the previous month, the agency is still sticking to its overall forecast of robust growth in non-OPEC supply during the current year. Despite a earlier scaling down of its 1996 estimates of non-OPEC supply growth in the end-February OMR (MEES, 11...