VOL. XLIV
No. 09
26-February-2001
OPEC
OPEC Takes Proactive Stance To Maintain OPEC Basket Crude At $25/B
Growing speculation about a potential production cut at the next OPEC meeting on 16 March is evidence that OPEC is not only taking a proactive stance in maintaining the OPEC basket crude price at about $25/B, but also that the organization is playing speculative investors at their own game. MEES learns from authoritative sources that OPEC may very well cut production at the meeting if prices...
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