OPEC
Conoco Study Predicts Rising Demand for OPEC Oil in Nineties
A new study by Conoco of the US - "World Energy Outlook through 2000" - estimates that the non-Communist world's reliance on OPEC crude supplies is likely to rise sharply in the nineties, increasing from 41% of world supply in 1984 to some 52% in 2000.
The new Conoco scenario is based on a number of fairly middle-of-the-road assumptions regarding the various factors involved:
- Oil prices will erode...
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