Deutsche Bank's oil and gas analysts have upped their endof-year oil price forecast for West Texas Intermediate to 20.50/bbl from 19.50.bbl. The change was based on the following developments in the global oil markets: "OPEC compliance looks to hold relatively steady in 2Q02; demand growth of 600,000 b/d is heavily loaded into the second half; inventories look comfortable; Iraq has provided upside support to the market due to reduced UN exports; capacity grwoth slowing from non-OPEC in 2003; and oil prices have held at a high 20 so far in Q102 better than we expected."
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机译：德意志银行（Deutsche Bank）的石油和天然气分析师已将其对西德克萨斯中质油的年终油价预期从19.50.bbl上调至20.50 / bbl。该变化是基于全球石油市场的以下发展情况：“ OPEC遵守情况在02年第二季度似乎保持相对稳定;下半年需求增长600,000 b / d的负荷很大;库存看起来很舒适;伊拉克为美国提供了向上支撑市场因联合国出口减少而减少; 2003年非欧佩克组织的运力有所放缓;到目前为止，102季度油价一直保持在20的高位，好于我们的预期。”
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