VOL. XXXIV

NO. 47

26-AUGUST-1991

Market Remains Nervous About Winter Prospects Despite Removal of SovietOil Supply Threat

Although the grim threat of a disruption of Soviet oil export supply -around 1.6mn b/d to the OECD area, half crude and half products - had largelyevaporated by mid-week following the collapse of the inept coup attempt in theUSSR and the return of Mr. Gorbachev, the Moscow imbroglio has left traces ofnervousness in the oil market. Despite the rapid restoration of prices to...