Middle East Economic Survey

VOL. LIII

No 14  

05-April-2010

CGES Sees Oil Price Averaging $71/B In 2010, $95/B in 2020

Crude oil prices should average $71/B in 2010, $85/B in 2015 and $95/B in 2020, the Deputy Executive Director and Chief Economist at London-based Centre for Global Energy Studies (CGES) Leo Drollas said during the CGES one-day seminar in London on 24 March. In his presentation, ‘The Future Call on OPEC’s Oil,’ Dr Drollas said the CGES price...