Middle East Economic Survey


No 9


CGES Warns Of Market Uncertainty Despite Growing Oil Demand

China is leading a return to global oil demand growth, according to Londons Centre for Global Energy Studies (CGES). Yet in the latest Monthly Oil Report, published on 22 February, CGES warns that there is little sign of an upturn in the US or Europe. The economic outlook remains far from certain, says the report, with fears growing that Europes recovery is faltering....