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EFTA Document EFTA01367344
Title Matchefta-efta01367344
Case Filesd-10-EFTA01367344Dept. of JusticeEFTA Document EFTA01367344
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Case File
sd-10-EFTA01367344Dept. of JusticeEFTA Document EFTA01367344
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31 May 2015 Integrated Oil US Integrated Oils Methodology: Our implied call on US onshore crude growth (in the base case) builds on two critical macro assumptions: * Global product demand is assumed to wow -1.15 MMb/d in 2015 and 1.2 MMb/d in 2016 with average annual growth of -1.15 MMb/d from 2017-2020. Our demand growth assumptions are based on lEA estimates and compare to -650 Mb/d of demand growth in 2014. OPEC production (ex Angola) is assumed flat to 2014 levels in our forecast
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Dept. of Justice
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sd-10-EFTA01367344
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