Center for Global Energy Studies Sees Crude Prices Holding Steady

摘要

Oil prices should continue to trade in their current $75-$80 per barrel range throughout the Northern Hemisphere winter as this price is supported both by oil market fundamentals and the futures market, according to the Center for Global Energy Studies (CGES). In its Monthly Oil Report, released Monday, the London-based consultancy argues that oil demand looks to be "on the rise again after falling for six consecutive quarters."