VOL. XLIII

No. 40

2-OCTOBER-2000

OPEC

Global Supply Constraints

by Adrian Lajous

The following speech, on current and future prospects of market conditions, was delivered by Adrian Lajous on 6 September at the Oxford Energy Seminar. Mr Lajous, a former CEO of Pemex, is a Special Advisor to the President of Mexico. The speech has been published on the Oxford Institute for Energy Studies webpage:http://associnst.ox.ac.uk/energy/.

The soft landing of oil prices at a sustainable level is turning out to...