VOL. XXXVII

NO. 37

13-JUNE-1994

Supply/Demand

Little Change To IEA's Demand Projections, FSU Exports Up Significantly

After issuing several months of increasingly more bullish demand projections,the International Energy Agency (IEA) finally put the brakes on last week withrelease of its latest (end-May) Oil Market Report. A 0.1mn b/d downwardadjustment in North American demand figures for the first quarter 1994 wasoffset barrel-for-barrel by a corresponding increase in the OECD Pacificregion,...