VOL. XLIII

No. 38

18-September-2000

OPEC

OPEC In The Eye Of The Storm

Ian Seymour and Walid Khadduri of MEES Report on the Outcome of OPECs 10-11 September Ministerial Conference in Vienna.

Only three times before in its 40-year history has OPEC been caught in the center of an international storm of such magnitude as the current oil price imbroglio. The first was in 1973-74 when a tight oil supply situation was compounded by the outbreak of the October Arab-Israeli war; the second in 1979-81 when...