The oxidation of methanol in a flow reactor has been studied experimentally under diluted, fuel-lean conditions at 650-1350 K, over a wide range of O-2 concentrations (1%-16%), and with and without the presence of nitric oxide. The reaction is initiated above 900 K, with the oxidation rate decreasing slightly with the increasing O-2 concentration. Addition of NO results in a mutually promoted oxidation of CH3OH and NO in the 750-1100 K range. The experimental results are interpreted in terms of a revised chemical kinetic model. Owing to the high sensitivity of the mutual sensitization of CH3OH and NO oxidation to the partitioning of CH3O and CH2OH, the CH3OH + OH branching fraction could be estimated as alpha = 0.10 +/- 0.05 at 990 K. Combined with low-temperature measurements, this value implies a branching fraction that is largely independent of temperature. It is in good agreement with recent theoretical estimates, but considerably lower than values employed in previous modeling studies. Modeling predictions with the present chemical kinetic model is in quantitative agreement with experimental results below 1100 K, but at higher temperatures and high O-2 concentration the model underpredicts the oxidation rate.