NO. 50


Supply & Demand

Supply-Demand Estimates Steady In Latest IEA Forecast

The International Energy Agency's end-August Oil Market Report contained fewsurprises. A moderate downward adjust- of 0.1mn b/d in OECD Pacific demand forthe third quarter 1995 was essentially offset by a corresponding increase inconsumption estimates for North America and OECD Europe, with the result thatthe agency left unchanged its global demand projections for the quarter. Demand...