Middle East Economic Survey


No 35


OPECs New Criterion

By Behrooz Baik Alizadeh

Mr Alizadeh is Senior Oil Market Analyst at Irans Ministry of Petroleum (Email:balizadeh@nioc.org). This analysis is based upon the personal opinion of the author and does not represent the official view of the ministry.

OPEC officials have recently stated that the organization, in order to regulate production, will also pay attention to the level of commercial oil stocks in the OECD member states...