VOL. XLIII
No. 16
17-April-2000
OPEC
IEA Commends OPECs Soft Landing For Oil Prices But Calls For More Output
OPEC appears to have engineered a relatively soft landing for crude oil prices, according to the International Energy Agency (IEA), with dated Brent falling by $7/B in the three weeks prior to the March OPEC meeting and by a further $2/B since. In the April issue of its Monthly Oil Market Report, the IEA says that forward price curves are flattening, encouraging refiners to increase...
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