Middle East Economic Survey
VOL. LIV
No 14
1-Apr-2011
OPEC's Response To Currency Conflicts
By Behrooz Baik Alizadeh
Mr Alizadeh is Senior Oil Market Analyst at Irans Ministry of Petroleum (balizadeh@nioc.ir). This analysis is based on the personal opinion of the author and does not represent the official view of the ministry.
Crude oil prices in early December 2010 increased significantly, with Brent spot prices surpassing $90/B. Increasing oil prices had raised the possibility that the...
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