OPEC
Steeg Says Differentials Remain Key Market Issue
The Executive Director of the International Energy Agency (IEA), Mrs. Helga Steeg, has indicated that in her view the production cuts decided on in Geneva by OPEC are a palliative rather than a cure for the present state of the oil market, and that the real problem facing the oil producers - differentials - remains to be addressed.
In an interview with Reuter on 2 November, Mrs. Steeg said that "one should not attach too...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!