VOL. XLIII

No. 46

13-November-2000

OPEC

US Politics And Heating Oil Concerns Keep Crude Prices High

US domestic issues the protracted wait to see who will be the next president and heating oil stocks fears were the strongest drivers of crude prices last week, even though Palestinian-Israeli tensions have not abated and supplies from Nigeria and Iraq were interrupted.

OPEC Secretary-General Dr Rilwanu Lukman told reporters in Tehran on 4 November that he thought some $2/B of the current WTI and...