Middle East Economic Survey


No 39


Economy Remains Wildcard For Market Fundamentals, Says Société Générale

The economy remains the most critical wildcard for oil market fundamentals and prices through next year, Société Générale said in a quarterly report released on 17 September. Writing in Commodities Review, Michael Wittner, Global Head of Oil Research, said the banks fundamental outlook on inventories is significantly less bullish than in its previous quarterly report and...