VOL. XLIII

No. 48

27-November-2000

The Role Of Information In Oil Crises

by Ibrahim al-Muhanna

The following is an article published inForum, a newsletter of Saudi Arabias Ministry of Petroleum and Mineral Resources, on 19 November 2000. Dr Ibrahim al-Muhanna is Advisor to Saudi Oil Minister Alial-Naimi.

The international oil market during the last five decades has witnessed several major crises, which have taken the shape of a severe and abnormal increase or decrease in prices or a shortage or...