Middle East Economic Survey

VOL. LIII

No 37

13-Sep-2010

EIA Sees Little Change In World Oil Market Outlook

The Energy Information Administration (EIA) of the US Department of Energy says in its latest Short-Term Energy Outlook, released on 8 September, that its view of world oil markets remains largely unchanged for the third month in a row. Despite a slight reduction in forecast global demand growth and the drop in world oil prices in recent weeks, the projected gradual reduction in global oil...