VOL. XXXVII

NO. 45

8-AUGUST-1994

Supply/Demand

IEA Forecasts Continued Demand Gains In First-Quarter 1995

In its latest (end July) Oil Market Report the International Energy Agency(IEA) has unveiled its initial projections for first quarter 1995 demand,following release of its first full-year 1995 demand forecasts last month (MEES,11 July). Once again, the demand trends are bullish, with significantconsumption gains in OECD Europe, the Pacific, and non-OECD Asia helping toboost global demand to...