VOL. XLVI
No 39
29-September-2003
SUPPLY/DEMAND
Price Band Mechanism Lowering Oil Market Volatility, Says OPEC
OPECs efforts to adjust oil supply with the aim of maintaining the OPEC Basket Price within the $22-28/B price band has reduced oil price volatility since it was introduced. According to the September issue of the OPEC Monthly Oil Market Report, empirical analysis over the period since the introduction of the price band confirms the success of the price band both in terms of its actual...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!