VOL. XLVII

No 19

10-May-2004

High Oil Prices Harming Global Economy, Says IEA

In the past couple of years the International Energy Agency (IEA) and OPEC have increasingly shared viewpoints and analyses in a producer-consumer dialogue that achieved some success in reassuring consumer countries about supply security and producers about demand requirements. However, in recent months it appears the producer-consumer dialogue has become more polarized around two main issues: Saudi-US relations, where...