VOL. XLVI

No 1

6-January-2003

OPEC

OPEC Capacity Could Become Tight Short-Term, Says Dresdner

There is potential for a US-led war against Iraq and political unrest in Venezuela to lead to OPEC oil production capacity becoming very tight in the short term, according to Dresdner Kleinwort Wasserstein Research. In the 23 December report Oil Price Upgrade, analysts Mehdi Varzi, Paul Spedding, Neill Morton, Phil Corbett and Rachel Beaver cite heightened war fears and collapsing Venezuelan production as...