VOL. XLVI

No 8

24-February-2003

SUPPLY/DEMAND

CGES Warns Of Fragile Demand Recovery

If oil prices remain high for much longer, 2003 could become the third successive year of meager oil demand growth, according to Londons Centre for Global Energy Studies (CGES). In the latest Monthly Oil Report, published on 17 February, CGES says: Amid the concern over the oil markets immediate future, its long-term health is being quietly forgotten. Oil demand growth looks robust only because of cold weather and...