Middle East Economic Survey

VOL. XLVIII

No 19

9-May-2005

OPEC Fulfilling Its Commitments But Refining And Shipping Bottlenecks Keep Oil Prices On Boil

By'Ali al-Yabhouni,

The following article was published in the February/March issue of ADNOC News and is republished with permission. 'Ali al-Yabhouni is Head of the Marketing Research & Analysis Department in ADNOCs Marketing & Refining Directorate, and is the UAE National Representative for OPEC.

Oil prices remain high despite OPEC producing...