VOL. XLVI

No 1

6-January-2003

OPEC

US Court Of International Trade Dismisses Anti-Dumping Action Against Oil Producers

The New York-based US Court of International Trade (USCIT) on 17 December dismissed a class action suit by a coalition of small US independent oil producers Save Domestic Oil accusing Saudi Arabia, Venezuela, Mexico and Iraq of dumping crude on the US market at below fair market value and thereby harming their own corporate interests. As part of their action, the plaintiffs...