VOL.XXXVIII

NO.28

10-April-1995

Supply/Demand

Non-OPECOutput Up Again In Latest IEA Monthly Forecast

OPECplanners were probably disappointed ö if not too surprised ö by the news lastweek that the

InternationalEnergy Agency (IEA) had revised upwards its estimate of non-OPEC supply in thefirst quarter of the year, more than reversing the downward adjustments theagency made to its forecast last month (MEES, 13 March). This time around,however, it was output gains in non-OECD countries rather than...