VOL. XXXVI

NO. 20

15-FEBRUARY-1993

OPEC And The Price Of Oil

by Robert Mabro

The following article by Robert Mabro is based on a presentation made tothe London Oil Analysts Group on 9 February 1993. Mr. Mabro is Director of theOxford Institute for Energy Studies.

The topical issue today, as on all occasions when your association meets,is the behavior of oil prices. The subject is even more topical today because weare at the eve of an OPEC meeting of particular significance. Senior OPEC Ministers...