RECENT DEVELOPMENTS IN THE OIL MARKET 1986 REVISITED?

VOL XXXI

NO. 20

22-FEBRUARY-1988

RECENT DEVELOPMENTS IN THE OIL MARKET 1986 REVISITED?

by Nordine Ait-Laoussine

(The following article is an abbreviated version of a presentation made byNordine Ait-Laoussine, President of the Geneva-based petroleum consulting firmNalcosa, to the annual Norwegian Energy Policy Seminar in Sanderstoelen on 3February 1988).

I will focus my comments this morning on three issues which are, in my view,at the heart of...