Middle East Economic Survey
CGES Deems Oil Demand Growth Greatest Uncertainty For 2006
The outlook for oil demand growth remains the greatest uncertainty for 2006, according to Londons Centre for Global Energy Studies (CGES), with weak economic data for 4Q 05 signaling the need for caution. While inventories are rapidly building in the Atlantic Basin, Asian crude demand remains strong for now. However, in the latest Monthly Oil Report, published on 20...