Middle East Economic Survey
VOL. LII
No 48
30-Nov-2009
OIL PRICES
WTI Trades In Narrow Range With Economic Recovery Yet To Gather Pace
The price of WTI crude moved in a narrow range last week as traders balanced their books ahead of the holiday weekend, with recent expectations of demand recovery being weighed against mixed signals about economic recovery. The Centre for Global Energy Studies (CGES) said in its Global Oil Insight Weekly Outlook, published on 24 November, that few signs have emerged...
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