VOL. XXXNO. 510-NOVEMBER-1986

OPEC AND OIL PRICES

$5/B Price Difference Could Mean 5mn b/d to OPEC by 1990 Says New Study

Upward pressure on oil prices will grow during the 1990s, but the strengthand timing of that pressure will depend largely on price levels in the mediumterm (to 1990), according to a new study "World Energy Outlook to2010" by Petroleum Economics Limited of London.

For 1985-90 the study focuses on two main price scenarios: the"stabilization case," assuming a price "that over the...