VOL. XLIII

No. 45

6-November-2000

OPEC

Merrill Lynch Predicts Crude Price Fall Following Unseasonal Fourth Quarter Stockbuild

The price for WTI crude is expected to drop initially to $30/B as OPECs latest production hike helps ease supply/demand tightness, according to Michael Rothman, Director of Energy Market Research at Merrill Lynch, New York. In The Energy Outlook: Review and Assessment of the International Oil Market, published on 26 October, Mr Rothman predicts that the WTI price will...