VOL. XLVI

No 14

07-April-2003

SUPPLY/DEMAND

Text Box: Contents Include:   ENERGY (A)   Iraq’s Ceyhan, Syria Exports Dwindle, 8 Jordan Gets Saudi/Kuwaiti Oil Aid, 8 Russia Determined On Iraqi Fields, 8 Shell Restarts Soroush Field, 11 Israel To Check Haifa Pipeline Status, 12 EU Welcomes OPEC Stabilizing Role, 13 Venezuela Opposition Oil Report, 13 Oil Prices Soften On War End Hopes, 14 QP/ExxonMobil In N Field Project, 19 BG Starts Up At Scarab/Saffron, 19 Saudi Aramco Makes New Oil Find, 21 Ratqa/Abdali Production Back Up, 22 Lundin To Resume Sudan Work, 22 Turkmenistan/Iran On Caspian, 22   FINANCE (B)   Jordan Announces Emergency Budget,1 Lebanon Mulls New Tax Measures, 3 Egypt Banking Under Pressure, 5 New FDI Rules In Kuwait, 7   POLITICS (C)   At The Gates Of Baghdad, 1 Rumsfeld Accuses Syria and Iran, 1 Powell Mends Fences With Turkey, 2   Arab Press Review, 3   OP ED & DOCUMENTS (D)   Fee On Russian Oil Firms In Iraq, 1 UN Resolution 1472 Text, 5    

Oil Market Dynamics Changing Rapidly, Says ABN AMRO

The dynamics of the oil market are changing rapidly, and while supply risks remain, the underlying question is whether low inventories will support prices or OPEC will be forced to cut production later in the year, according to ABN AMRO. In the report Macrodynamics - Eye of the Storm, published on 25 March, the Oil and Gas Global research team led by Peter Nicol writes: The last time US crude...