TITLE

International Energy Agency: How the Agency Prepares Its World Oil Market Statistics: RCED-99-142

PUB. DATE
May 1999
SOURCE
GAO Reports;5/7/1999, p1
SOURCE TYPE
Government Document
DOC. TYPE
Article
ABSTRACT
Oil companies, investment firms, governments, and other players in the world oil market need timely and accurate information on world oil supply, demand, and stocks to make decisions about current and future sales and purchases of oil. The International Energy Agency (IEA), which was established in the wake of the 1973-74 Arab oil embargo, is a source of such information. This report answers the following questions: How does IEA prepare its historical and projected world oil market statistics? What accounted for the missing barrels in IEA's historical world oil market statistics in 1998?
ACCESSION #
18227297

 

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