VOL. XXXVIII
NO. 47
21-AUGUST-1995
OPEC
CGES Foresees Weaker Outlook For Oil Prices
The London-based Centre for Global Energy Studies (CGES) believes thelonger-term prospects for oil prices are poor because of a squeeze on demand dueto the slowdown in global economic activity in the second half of 1995 coupledwith rising supplies from non-OPEC. CGES argues in the 11 August issue of itsMonthly Oil Report that there is very little that OPEC can do to to improve theprice outlook except to roll over...
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