Middle East Economic Survey

VOL. XLVIII

No 2

10-January-2005

Price Control Is 2005 Goal For Producers, Says Horsnell

The market agenda for key oil producing nations in 2005 is dominated by the control of crude prices, according to Barclays analyst Paul Horsnell. In the Weekly Oil Data Review of 29 December, he observed that this agenda comprised two main elements, the first of which is protection of the crude price downside as part of an attempt to stabilize the value of OPEC Basket crude around...