VOL. XLVI
No 31
04-August-2003
OPEC
OPEC Again Leaves Quotas Unchanged But Future Challenges Loom
Walid Khadduri and Bill Farren-Price of MEES report from Vienna:
For the second time in under two months, OPEC ministers agreed at their extraordinary meeting in Vienna on 31 July to keep production quotas steady, with continuing firm prices towards the top of the groups preferred $22-28/B price band and a slower-than-expected resumption of Iraqi exports removing the need for any adjustment in the...
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