Middle East Economic Survey
VOL. LIV
No 15
8-Apr-2011
Oil Industry Leaders Wrestle With Perfect Storm
Oil producers and consumers met on 6 April for the annual Petrostrategies International Oil Summit amid unprecedented market turmoil and buoyant prices, which saw Brent top the $120/B mark. While both sides agreed on a need for greater investments, the Paris meeting also saw sharply divergent views, many expressed on the conference sidelines, as to the seriousness of the current situation....
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