VOL. XLV

No 25

24-June-2002

OPEC

PriceStability Masks Market Doubts In Run-Up To OPECMeeting

OPEC productionrestraint has helped stabilize crude prices in the first half of 2002. This isone achievement that OPEC oil ministers will reflect on when they meet in Viennaon 26 June to review production quotas. Quashing the doubts of its many critics,the organization has maintained the OPEC Basket crude price within the$20-26.50/B range since 1 March, and the prices of the benchmark front monthWTI and...