VOL. XLV

No 38

23-September-2002

IRAQ

US-IraqIssue Outweighs Effect Of Weak Fundamentals OnMarkets, Says CGES

The oil market is tighteningdespite weak oil demand growth, as the impact of OPECs January output cut andthe loss of Iraqi oil finally work their way through, according to Londons Centrefor Global Energy Studies (CGES). In the latest Monthly Oil Report,published on 16 September, CGES argues that OPEC faces a highly uncertainwinter, with the continued threat of military conflict in Iraq...