VOL. XXXVIII
NO. 33
15 MAY 1995
Supply/Demand
IEA Increases 1995 Non-OPEC Supply Estimates In End-April Forecast
As if there were any doubt, the International Energy Agency's latest(end-April) Oil Market Report provides even more convincing evidence thatnon-OPEC production is on a relentless uphill course again this year. Indeed,with estimates of non-OPEC supply trending upward with each consecutiveforecast, OPEC planners can only hope that the degree to which industryforecasters originally...
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