OIL: The threat of war underpins world oil markets

Siddiqi, Moin A
December 2002
Middle East;Dec2002, Issue 329, p44
Focuses on effects of a threat of war in the Middle East on oil markets. Percent increase in the price of oil in 2002; Reasons for a rise in oil stocks; Role played by Organization of Petroleum Exporting Countries (OPEC) in stabilizing oil markets; Fall in the share of OPEC in global production; Estimated global oil demand in 2003.


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