Middle East Economic Survey
VOL. XLVIII
No 22
30-May-2005
MEES Agenda
Fourth Quarter Demand Revisions Temper Consensus On Stock Build Policy
Analysts expectations earlier this year that global oil demand in the fourth quarter would mirror the unusual surge seen in 2004 and outstrip available supply have been challenged more recently by views that demand will be softer than previously forecast. In its latest Monthly Oil Market Report, OPEC played down concerns about the gap between its capacity and...
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