VOL. XXXVI
NO. 41
12-JULY-1993
SUPPLY/DEMAND
OPEC Crude Oil Supply Outlook In 2000
According to Mr. S. A. al-Fathi, the head of OPEC's Energy StudiesDepartment, forecasts made by the OPEC Secretariat indicate that demand for OPECoil at the end of the decade "is likely to be 34mn b/d if oil prices arekept constant in real terms at today's level, where (global) demand could be inthe order of 72mn b/d in 2000." Mr. Fathi, speaking at the 1993 EuropeanOil Refining Conference in Barcelona on 21 June,...
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