Middle East Economic Survey
VOL. XLVIII
No 9
28-February-2005
Short-Term Oil Market Outlook Has Tightened, Says CGES
The short-term oil market outlook has tightened on a combination of rising demand estimates for 2005 and poorer than expected non-OPEC output figures, according to Londons Centre for Global Energy Studies (CGES). In the latest Monthly Oil Report, published on 21 February, CGES says: OPEC faces little competition for the supply of the marginal barrel, making it very easy in the short...
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