VOL. XLIV
No 48
26-November-2001
SUPPLY/DEMAND
CGESSees Brent At $17/B in 1H02 On Current Supply Levels
LondonsCentre for Global Energy Studies (CGES) believes that oil prices will stabilizeat about $17/B for Brent in the first half of 2002 if current global supplylevels are maintained, despite warnings from OPEC members that prices couldcollapse without a 2mn b/d cut in global supplies. In its latest Monthly OilReport, published 19 November, CGES says that oil inventories are not highenough to...
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