VOL. XLVII

No 01

5-January-2004

The US Dollar And Oil Pricing Revisited

By Ramzi Salman

The following article was written forMEES by Ramzi Salman, Advisor to the Minister of Energy and Industry in Qatar. Dr Salman formerly served as Deputy Secretary-General of OPEC and Head of Iraqs SOMO.

Once again, as has been customary whenever the US dollar dips relative to other currencies, many are making statements and even suggestions relating to the currency of oil pricing. Some are hinting that the euro,...