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,...