VOL. XLIII

No. 19

8-May-2000

OPEC

Market Calm Could Be Challenged Soon

Following the OPEC ministerial conference in Vienna at the end of March, oil news has stopped making headlines, giving OPEC the opportunity to focus its attention on the impact of its new price range on the stability of prices. However, three developments in the next few weeks could disrupt this relative calm. These are: the possible shut down of Norwegian oil and gas production by the end of this week if the strike by the...