Middle East Economic Survey


No 9


Deutsche Bank Sees Oil Market Outlook As Bullish

Deutsche Banks Global Equity Research team foresees a rising demand for OPEC crude oil, because of upward pressures on consumption from China and non-OECD Asia, and lower supply forecasts in Russia, North America and the non-OPEC Middle East. In the reportOil and Gas Abacus: Winter is Over, published on 16 February, Deutsche Bank analyst Adam Sieminski observed: Key countries to watch ...