VOL. XLI

No. 38

21-September-1998

OPEC

IEA Identifies More Puzzles In Confusing Market Situation

In the latest issue (September) of its Monthly Oil Market Report, the InternationalEnergy Agency (IEA) identifies yet another puzzling feature of the current confusing oilmarket situation. Despite a variety of events which in most years would have significantlyboosted prices - such as substantial supply reductions as a result of intense North Seamaintenance, hurricanes in the Gulf of Mexico,...