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Think tank: Opec faces difficult choices as economy recovers.

Publication: The Oil Daily
Publication Date: 20-OCT-09
Format: Online
Delivery: Immediate Online Access
Full Article Title: Think tank: Opec faces difficult choices as economy recovers.(Organization of the Petroleum Exporting Countries)

Article Excerpt
The global economy is emerging from recession, but a prominent energy think tank says there is still plenty of uncertainty that could impact Opec and the oil markets, including the possibility of a "doubledip" recession.

"For the oil industry, dealing with the return to demand growth could be equally tricky for those producers with spare capacity," the Centre for Global Energy Studies (CGES), a London-based think tank said in its Monthly Oil Report, released Monday.

The economic downturn punctured oil demand,...

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