Middle East Economic Survey
VOL. LIII
No 26
28-Jun-2010
CGES Says Crude Prices Rebound Reflects New Optimism Over US Economy
The rebound in crude oil prices during the first half of June reflects a more optimistic outlook for economic growth in the US, the Centre for Global Energy Studies (CGES) said in its latest Monthly Oil Report (MOR), released on 21 June. While China continues to pull large volumes of crude oil eastwards from the Middle East and West Africa, it may once again start to face...
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