Middle East Economic Survey
VOL. LIII
No 15
12-April-2010
ESAI Questions Fairness Of $75/B Crude
In a press release published by Energy Security Analysis, Inc (ESAI) on 7 April following the International Energy Forum (IEF) meeting in Cancun (MEES, 5 April), the Massachusetts-based consultancy asked if $75/B is a fair price for crude oil. While OPEC and the International Energy Agency (IEA) have agreed that an average crude of $70-80/B is acceptable to both producers and consumers, ESAI said...
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