VOL. XLIII

No. 45

6-November-2000

OPEC

How Much Fresh Oil Supply Will Follow From OPECs Latest Quota Hike?

As might have been expected, oil market circles are deliberating the problematic question as to exactly how much actual additional oil supply will be forthcoming as a result of OPECs latest decision to raise quotas for 10 member countries (i.e. excluding Iraq) by a total of 500,000 b/d with effect from 31 October, given that the production volumes of many (probably at least six) of the 10...