Middle East Economic Survey

VOL. XLVIII

No 6

07-February-2005

Franssen Says Oil Market In Midst Of Major Structural Change

The gradual tightening of the oil supply chain has been observed for some time, but it was only in the past couple of years that analysts began to accept that the oil market was in the midst of major and possibly lasting structural change, according to Herman Franssen, President of International Energy Associates. In a paper presented to a Center for Strategic and...