Oil products are counted as part of world supply.

"We will produce more oil and gas, and put it into the world supply."

So "only seven months of world supply" is insignificant?

It also gave us a global scare on world supplies of cocoa.

Reserves in '89 were 225 billion barrels, one-quarter of the world supply.

They agreed to control world supply to maintain high prices.

Analysts pointed out, for example, that world supplies were very high.

But the organization also predicted that world supplies would remain abundant because of record stocks.

The European market is now generating world supply through its demand.

Altogether these two Brazilian mines produce around 75% of world supply.