VOL. XLIV

No. 12

19-March-2001

SUPPLY/DEMAND

Shell Foresees Strong Growth In Non-OPEC Supply To West

While OPEC policies will continue to be the key driver of the crude oil market, changing regional relationships will particularly affect the US relationship with producers, according to Paul Skinner, Shells CEO of Oil Products. In a presentation to the Hemispheric Energy Conference in Mexico City on 8 March, Mr Skinner told delegates that strong non-OPEC production growth would keep Middle Eastern...