Middle East Economic Survey
VOL. LII
No 48
30-Nov-2009
SUPPLY/DEMAND
CGES Sees Oil Demand Turning Corner But Prices Holding Steady Through Winter
Oil demand finally seems to have turned the corner, the London-based Centre for Global Economic Studies (CGES) said in its latest Monthly Oil Report (MOR), released on 23 November. After falling for six successive quarters, global oil demand in the third quarter of 2009 was higher than during the previous quarter, although still well down on the same...
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