Middle East Economic Survey


No 43


CGES Says Return To Demand Growth Might Be Tricky For OPEC

Dealing with a return to demand growth could get somewhat tricky for the crude oil producers with spare oil capacity, the Centre for Global Energy Studies (CGES) said in its latest Monthly Oil Report (MOR), released on 19 October. Just as they took timely and decisive action in the downswing, by implementing most of the huge output cuts they announced last December, so they will need,...