VOL. XLVI

No 34

25-August-2003

SUPPLY/DEMAND

Market Tightness Will Remain Through Winter, Says CGES

The oil market will remain tight through the coming winter unless the situation in Iraq improves or other OPEC members boost output again, according to Londons Centre for Global Energy Studies (CGES). In the latest Monthly Oil Report, published on 18 August, CGES says: Iraq remains an uncertain exporter of oil and Saudi Arabia has done nothing to compensate for the failure of its northern neighbor...