With the continued growth in the former Soviet Union and other non-OPEC production during the 4th quarter and into 2004, OPEC will need exceptional global demand if it is to avoid another production cut, said US energy consultant ESAI. In the latest edition of the Pacific Basin Stockwatch, ESAI said that even its fairly optimistic…
MARKETS: High crude oil prices unsustainable, says ESAI
Posted on October 10, 2003 by EnergyAsia