Middle East Economic Survey

VOL. XLVII

No 22

31-May-2004

OPEC

9th IEF Debate Finds No Easy Answers To Supply-Demand Tightness

Given recent record-high oil prices and speculation about the outcome of OPECs extraordinary ministerial meeting in Beirut on 3 June, it was inevitable that much of the public debate surrounding the 9th International Energy Forum (IEF) in Amsterdam on 22-24 May should focus on supply concerns. However, this producer-consumer dialog found the current market tightness was the...