VOL. XXXVIII
NO. 2
10-OCTOBER-1994
Supply/Demand
IEA's Latest Winter Forecast Projects Higher Non-OPEC Supply
In its latest (end-September) oil supply/demand projections, theInternational Energy Agency's Oil Market Report (OMR) has raised its forecastfor non-OPEC oil supply by 0.3mn b/d for both 4Q 1994 and 1Q 1995 as comparedwith the previous month's estimates, with the incremental volumes forthcoming tothe extent of 0.1mn b/d each from the former Soviet Union (FSU), North Americaand Europe. At...
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