No. 35



How Will OPEC React To The Resumption Of Iraqi Oil Exports?

Though myriad scenarios could be devised to determine how, in an ideal world, the return of Iraqi oil supply to the world export market could best be accommodated by OPEC, most if not all of them are likely to founder on the rocks of harsh reality. In a nutshell, the import of this reality means that, for the time being at any rate, there is no possibility of reaching agreement between the 11...