VOL. XLIV

No 49

3-December-2001

OPEC

OPECWill Have To Fight For Market Control Says HSBC

Althoughmarkets are expected to be tight for the fourth quarter of 2001, volatility isexpected to return with a vengeance as the second quarter of 2002 approaches, accordingto London-based investment bank HSBC. In its Oil and Gas Sector Reportfor September compiled by analysts Robert Arnott, Adam H Seymour, Jon Wrightand Marie Rocaboy HSBC predicts that prices will not return to OPECs targetof about $25/B...