Middle East Economic Survey

VOL. L

No 4

22-Jan-2007

SUPPLY/DEMAND/OIL PRICES

Life On The Plateau

The following is the opening chapter of Energy In 2007, produced by Credit Suisses Global Equity Research, Oil & Gas, with the theme of Plateau. The chapter explains why this theme has been chosen.

We think the next phase of the energy cycle will resemble a Plateau, after the Upcycle of 2003-05 and the Resolution of 2006. During this Plateau period, which could last until the end of the decade, oil...