VOL. XLV

No 16

22-April-2002

OPEC

What Is Or Should Be OPECs Oil Price Target?

By Ian Seymour

The following is the text of a presentation made by MEES Editor Emeritus Ian Seymour in thecourse of a panel discussion under the title OPEC, Non-OPEC and the Global OilMarket at the Tenth Annual Middle East Petroleum and Gas Conference (MPGC) inDoha, Qatar, on 8 April 2002.

The title of my talk today is What is or should be OPECsoil price target. Well I am not sure that I actually believe in the...