No. 4



CGES Expects OPEC To Roll Over Quotas Next Month

OPEC member states are expected to roll over their quotas when they meet next month in Vienna, but even this measure will not prevent oil prices falling next year, according to the latest issue of the Monthly Oil Report published by the London-based Centre for Global Energy Studies (CGES). The report argues that the only way to limit the price decline is for OPEC to cut current production by around...