VOL. XLVI

No 42

20-October-2003

OPEC

What Future For OPEC?

By Fadhil J Chalabi

The following is a synopsis of a presentation by Dr Chalabi, Executive Director, Centre for Global Energy Studies (CGES), London to the CGES 7th Annual Symposium on 6-7 October.

1.It has often been said that if OPEC were to die, another OPEC should be invented. The truth of this maxim lies in the fact that without OPECs control of supplies there could be a huge surge in oil price volatility with far-reaching, adverse...