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Vol. 8, No. 24 Week of June 15, 2003
Providing coverage of Alaska and northern Canada's oil and gas industry


BP review finds world oil supply more diverse

Company’s 52nd statistical review says non-OPEC production increasing

Petroleum News Anchorage Staff

World oil supply is becoming more diverse and world oil production capacity comfortably exceeds world oil demand, said BP chief economist Peter Davies in a June 10 statement. “As a result, producers were able to meet the needs of oil consumers during the Iraq war and during unplanned supply disrupt....

    [additional news subjects in this story]

Non-OPEC production increases

Natural gas consumption growing

Oil prices up slightly, consumption flat

Natural gas consumption up


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