VOL. XLI
No. 12
23-March-1998
OPEC
CGES Expects More Trouble For Oil
The London-Based Centre for Global Energy Studies(CGES) offers a grim picture of theoil markets' current status and future prospects in the 16 March issue of its MonthlyOil Report (MOR). "Oil prices have continued to fall heavily, offeringbeleaguered upstream oilmen nowhere to hide," it states, adding that "the marketis facing a huge oversupply, yet there is little to suggest that respite is near. On thecontrary, more trouble...
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