Middle East Economic Survey


No 2


Barclays Capital Sees 2010 As Bridging Year For Oil Market

Barclays Capital sees 2010 as a bridging year for the oil market, according to the 30 December Weekly Oil Data Review. The year will be a transition between the demand-side weakness of 2009 and the return to supply-side tightness in 2011, it said. We expect it to be a year in which none of the key fundamentals will be dominant enough to cast all other factors aside, Paul Horsnell,...