VOL. XXXIX

No. 34

20-May-1996

OPEC

Some Thoughts On OPEC's Chronic Dilemma Over Oil Prices And Output

by Robert Mabro

In the following article Robert Mabro, Director of the Oxford Institute for Energy Studies, discusses the issues involved in OPEC's chronic dilemma over oil prices and output.

By the nature of their business, oil analysts are called upon to foretell the future, particularly in relation to predicting oil price movements in the periods ahead. As regards the near to...