VOL. XXXIX

No. 56

21-October-1996

OPEC

Weather Will Be Key Determinant Of Winter Market, Says CGES

Unless the weather turns mild, the oil market will continue to be tight for the rest of the winter, concludes the London-based Centre for Global Energy Studies (CGES) in the latest issue of its Monthly Oil Report. In support of this conclusion the CGES comments: "Industry stocks are very near minimum operating levels, especially for the middle distillates, and are unlikely to attain the...