Middle East Economic Survey
VOL. LIII
No 12
22-March-2010
OPEC Rolls Over Production Targets As Demand Concerns Ease
OPEC ministers meeting in Vienna on 17 March kept their 24.845mn b/d output ceiling unchanged. The state of the world economy and its impact on oil demand remain concerns and, the secretariat says, oil markets are oversupplied. But behind the cautionary caveats there is mounting confidence that OPEC can weather the seasonal second quarter demand drop with output unchanged. The...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!