VOL. XLIV

No. 07

12-February-2001

SUPPLY/DEMAND

Non-OPEC Production Growth WillContinue Strong, Says Dresdner Kleinwort Wasserstein

Key issues facing the oil marketin 2000 were disagreement among analysts about the potential for non-OPECsupply to grow following the price collapse of 1998 and early 1999 and industryreluctance to raise upstream expenditure, according to Dresdner KleinwortWasserstein. In a report published on 30 January, called OPEC Cuts RaiseRisk Of Price Volatility, the bank says:...