VOL. XLI

No. 22

1-June-1998

OPEC

Lower Oil Prices: Can Algeria Mitigate The New Crisis?

The following article on the effect of lower oil prices on Algerian economy has beenprepared by Ali Aïssaoui, Senior Research Fellow at the Oxford Institute for EnergyStudies. The comments are the author's sole responsibility and do not represent the viewsof the Institute or any of its Members.

The fall in export and budget revenues associated with the present oil crisis is havingan adverse effect on oil...