Forecasters expect global demand for oil to steadily increase throughout 2010. Furthermore, forecasters predict continued increases in oil production throughout this year and beyond. Additionally, production is forecasted to increase within the nations of the Cooperation Council for the Arab States of the Gulf, also known as the Gulf Cooperation Council (GCC), the world’s wealthiest oil producing region, which includes Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab ...