Middle East Economic Survey
VOL. LIII
No 48
29-Nov-2010
SUPPLY/DEMAND
CGES Reports Demand Boost In Third Quarter, But Expects Decline In Future
Global oil demand experienced a surge during the third quarter of 2010 that led to a contra-seasonal draw of 1mn b/d on global oil inventories, the London-based Centre for Global Energy Studies (CGES) said in the latest issue of its Monthly Oil Report (MOR), released on 22 November. CGES estimates that worldwide oil demand, measured as deliveries...
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