Middle East Economic Survey


No 44



Global Oil Demand Growth Still To Exceed Non-OPEC Supply Expansion In 2006, Says CGES

Global oil demand growth will still outstrip non-OPEC supply growth in 2006, despite views that demand growth this year will be little more than a third of that seen in 2004, the Centre for Global Energy Studies (CGES) said in its October Monthly Oil Report. Although the CGES expects global oil demand growth to remain weak in 2006 it...