Middle East Economic Survey

VOL. XLVII

No 37

13-September-2004

The Future Price Of Crude Oil

By Paul Stevens

The following article was written for MEES by Professor Paul Stevens, Centre for Energy, Petroleum and Mineral Law and Policy, University of Dundee, Scotland. Email p.j.stevens@dundee.co.uk.

At present, the attention of most observers of the international oil industry is firmly on the current price of oil and the prospects for an immediate price shock. There is much discussion as to the...