VOL. XLIV

No 37

10-September-2001

OILPRICES

CrudePrice Rise Reflects Market Seeking Demand Pointers

Theprices of the markets main benchmark crudes, WTI and Brent, rose last week incomparatively quiet trading, while the price of the OPEC Basket of crudes, usedby OPEC as a reference in setting its production targets, was not only steadybut also not far short of the center of the organizations $22-28/B targetrange. To a large extent this stability, after the price volatility of recentyears, can be...