VOL. XLI
No. 43
26-October-1998
OPEC
PEL Assesses Oil Market Outlook In Climate of Sustained Low Prices
In a newly published and timely special study, the well-known energyconsulting firm Petroleum Economics Limited (PEL) sets out to examine the impact of muchweaker oil demand growth in Asia as a result of the current financial crisis and to assessthe possible supply and demand implications of a prolonged period of very weak crude oilprices. More specifically, the study looks at the implications...
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