Middle East Economic Survey
VOL. XLVII
No 37
13-September-2004
OPEC
OPEC Has Limited Room For Maneuver As Production Moves Close To Capacity
With OPEC production now very close to sustainable capacity, ministers are faced with a limited set of options when they meet for their regular biannual ministerial meeting on 15 September in Vienna. A cut in production quotas can be easily ruled out with WTI crude still above $40/B. Moreover, any sustained decline in prices would likely first be tackled by a...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!