Middle East Economic Survey

VOL. XLIX

No 6

6-February-2006

SUPPLY/DEMAND

Market Can Survive Iranian Oil Export Halt, Says Poten

The global crude oil market could withstand the removal of Irans 2.5mn b/d of exports in the near term, should Tehran curb oil supplies, according to New Yorks Poten & Partners. In the report Iran On A Collision Course, published on 30 January, Poten concludes: It seems possible that, through SPR drawdowns and stepped up production in Saudi Arabia and Russia, the...