Middle East Economic Survey


No 11


EIA Says MENA Unrest Will Further Tighten Oil Market

The Energy Information Administration (EIA) of the US Department of Energy continues to see a tightening in the world oil market over the next two years, particularly in light of recent events in North Africa and the Middle East. In the 8 March issue of its monthly Short-Term Energy Outlook, the EIA said the current situation in Libya increases oil market uncertainty because, according...