VOL. XLVI
No 47
24-November-2003
SUPPLY/DEMAND
OPEC Faces Dilemma Over Supply Levels At December Meeting, Says CGES
OPEC will face a dilemma at its extraordinary meeting in Vienna on 4 December, with high oil prices indicating that supply levels should be maintained but a weaker demand outlook suggesting a new pre-emptive cut, according to Londons Centre for Global Energy Studies (CGES). In its latest Monthly Oil Report, published on 17 November, CGES says: If OPEC wants to keep prices in the...
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