Middle East Economic Survey

VOL. LIII

No 37

13-Sep-2010

OPEC And New Challenges

By Behrooz Baik Alizadeh

Mr Alizadeh is Senior Oil Market Analyst at the Iranian Ministry of Petroleum (e-mail: balizadeh@nioc.ir). This analysis is based upon the personal opinion of the author and does not represent the official view of the ministry.

The Organization of Petroleum Exporting Countries (OPEC) is celebrating in September 2010 the 50th anniversary of its establishment. During the past 50 years, OPEC has...