VOL. XLVI

No 25

23-June-2003

OPEC

The Qatar Meeting Confirms OPECs New-Found Pragmatism

By Sadek Boussena

The following article by Sadek Boussena, formerly Algerian Minister of Energy and OPEC President and currently Special Adviser to Societe Generale (SG), was published in the SG Economic Research Weekly - Oil on 16 June and is reprinted with permission.

OPEC ministers meeting in Qatar on 11 June took advantage of current prices (the OPEC basket of crudes was at $26.86/B during the week before the...