VOL. XXXVII
NO. 21
21-FEBRUARY-1994
Supply/Demand
OPEC Lowers Projections For Call On OPEC Crude Supply
In its latest (January 1994) supply/demand estimates, the OPEC Secretariathas downsized projections for the demand call on OPEC crude supply for the firstand second quarters of 1994 by 240,000 b/d as compared with its previous(December) forecast. These downward revisions are due mainly to increases in theestimates for non-OPEC supply (+200,000 b/d in 1Q and +170,000 b/d in 2Q), andto a lesser...
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