VOL. XXXVII
NO. 43
25-JULY-1994
Supply/Demand
CGES Sees Big Rise In 4Q Non-OPEC Flows, Cautions OPEC AgainstComplacency
In its latest Monthly Oil Report (MOR), the London-based Centre for GlobalEnergy Studies argues that, while OPEC could probably add another 0.2mn b/d toits current 25.0mn b/d output in the fourth quarter without much price impact,the producer group should guard against leakage above this level in order toavoid any price deterioration in 4Q94. While the Centre forecasts relatively...
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