VOL. XLV

No 3

21-January-2002

OPEC

Crude Prices Fall As Market SeeksDemand Indicators

Crude prices fell last week astraders and speculators adjusted their positions and mounted a watch for indicatorsof second quarter demand, in order to judge March requirements. While theweekly US stocks reports were mildly bearish because of apparent overall demandweakness, there is some optimism that underlying gasoline demand increasinglyimportant as a market mover as the second quarter gets under way is not...