VOL. XLV
No 21
27-May-2002
OPEC
How Stocks Policies Have Influenced Leading Market Crudes
By Mohammad Sadegh Memarian
This article was written for MEES by Mr Mohammad Sadegh Memarian, Economic Analyst at the Iranian Ministry ofPetroleum. This analysis is based upon the personal opinion of the author anddoes not represent the official view of the Ministry.
OPECs main objectivesince its creation in 1960 has been oil market stability, either in terms ofsecurity of supply or price stability. The...
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