2002 - OPEC
2002 - OPEC
2002 - OPEC
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Figure 2: <strong>OPEC</strong> 1 and non-<strong>OPEC</strong> 2 market share, 1992–<strong>2002</strong><br />
Figure 2: <strong>OPEC</strong> 1 and non-<strong>OPEC</strong> 2 market share, 1992–<strong>2002</strong><br />
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Former CPEs<br />
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According to the most recent figures, oil demand in the former CPEs grew by a healthy 210,000 b/d, or<br />
2.21 per cent, to reach 9.54m b/d. Oil consumption in the FSU declined considerably by 170,000 b/d,<br />
or 4.21 per cent, to arrive at the yearly average of 3.77m b/d. China, on the other hand, experienced the<br />
highest consumption growth rate in the world, at a significant 350,000 b/d, or 7.40 per cent, leading to<br />
an annual average of 5.03m b/d. This remarkable estimated growth rate surpassed the estimated average<br />
rise in world demand by 290,000 b/d. Real demand in Other Europe, at 740,000 b/d, registered a minor<br />
30,000 b/d volume rise, representing a relatively high 3.42 per cent growth rate.<br />
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