VOL. XLIV

No. 18

30-April-2001

OPEC

OPEC Must Choose Between Revenues And Market Share Says DKWR

OPEC must soon make some painful decisions, maybe as early as at the June ministerial meeting, about whether to continue to pursue high oil prices or to protect market share, according to Dresdner Kleinwort Wasserstein Research analyst Mehdi Varzi. Writing in the April edition of DKWRs World Oil Report, Mr Varzi says that over the past two years OPEC has succeeded in defending oil prices in the...