CGES warns of new oil price surge

摘要

London-The world needs more oil if another price surge is to be averted,the Centre for Global Energy Studies said June 25,disagreeing with the OPEC oil cartel's insistence that global crude supply is sufficient to meet demand.Dated Brent crude prices look set to record an increase of nearly ll/barrel between the first and second quarters of this year-the biggest quarterly increase this decade,which "would seem to suggest that the world is short of oil and ought to be providing a clear signal to OPEC that its members need to put more oil into the market," the CGES said.