NOS. 13/14

26-DEC-94/2 JAN 95


CGES Optimistic On Oil Prices For 1995

Despite misgivings concerning the mild winter, the possible return of Iraqioil to the world market and OPEC quota leakage, the latest (16 December) MonthlyOil Report of the London-based Centre for Global Energy Studies (CGES) isguardedly optimistic about the oil price outlook for 1995. In this connection,CGES analyses the price prospects for 1995 in the following terms:

"The Bali agreement engendered a...