VOL. XXXVII

NO. 30

25-APRIL-1994

OPEC

CGES Forecasts Strong Price Improvement By 4Q If OPEC Keeps Output CloseTo Quota

If OPEC succeeds in restricting production at, or close to, quota levels forthe remainder of the year, there seems to be little doubt that prices willimprove sharply by 4Q94, according to the latest Monthly Oil Report (MOR)puplished by the London-based Centre for Global Energy Studies (CGES). Demandprospects in the OECD area are improving as further evidence emerges of astronger...