No.52/ No. 01

25-Dec.-2000/1 Jan. 2001


OPEC Must Prevent Stockbuild To Achieve Crude Price Target, Says CGES

OPEC can only maintain $25/B oil by keeping the world on the brink of a shortage, according to Londons Centre for Global Energy Studies (CGES). In the latest edition of its Monthly Oil Report, published on 18 December, CGES says that whatever happens to oil prices in the near term, they are not likely to fall far enough to trigger an output cut from OPEC at its...