Middle East Economic Survey


No 13


CGES Sees Oil Demand On Road To Recovery

Global oil demand appears to be back on the path to full recovery and could reach 2007 levels, barring a major setback to the global economy, the London-based Centre for Global Energy Studies (CGES) said in its latest Monthly Oil Report, published on 22 March. But it noted that the world has changed dramatically since then as the pressures that drove crude prices to nearly $150/B are no longer...