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Economic growth lifts oil demand projections for 1994

Journal Article · · Oil and Gas Journal; (United States)
OSTI ID:7158960
Economic expansion in the US and recovery in Japan and Europe will fortify second-half 1994 oil demand already stimulated by booming economies elsewhere in the Asia-Pacific region. Important questions remaining for the oil market are how far demand will slide in the Commonwealth of Independent States and, as always, whether members of the Organization of Petroleum Exporting Countries will produce within their quotas. This paper presents forecasts for the production and demand of petroleum and petroleum products. The paper discusses OPEC's challenge, US demand summary, US supply summary, prices, natural gas prices, the US economy, energy demand for natural gas, petroleum, and petroleum products, refining activities, imparts, inventories, the international outlook, and the current market.
OSTI ID:
7158960
Journal Information:
Oil and Gas Journal; (United States), Journal Name: Oil and Gas Journal; (United States) Vol. 92:30; ISSN OIGJAV; ISSN 0030-1388
Country of Publication:
United States
Language:
English