Middle East Economic Survey
CGES Says Prices Driven By Fundamental Factors, More OPEC Crude Needed
The oil market has tightened significantly between the October and December OPEC meetings and oil prices are now being driven up by fundamental factors, the London-based Centre for Global Energy Studies (CGES) said in its latest Monthly Oil Report (MOR), released on 20 December. CGES said it was clear during OPECs last meeting in Quito, Ecuador,...
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