Middle East Economic Survey
VOL. XLVIII
No 18
2-May-2005
CGES Sees High Oil Prices Persisting Despite OPEC Supply Pledge
High oil prices look set to persist despite OPECs promise of more supply and the first tentative signs of the negative impact of high prices on oil demand growth, according to Londons Centre for Global Energy Studies (CGES). In the latest Monthly Oil Report, published on 25 April, CGES says: With things as they are, the outlook for the latter part of the year remains tight. Fear...
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