Independent journal on economy and transport policy
01:36 GMT+2
Is OPEC shooting itself in the foot by cutting output again?
(The Bunker Bulletin)
August 7, 2001
By Unni Einemo
Several analysts are now asking if OPEC's policy of protecting oil prices from falling below $25 per barrel by repeated production cuts is short-sighted, and will eventually see the producer cartel ruin the very fundamentals it has built its influence and renewed unity on since the oil crisis of 1998.
This type of analysis has gained even more ...... Read more on The Bunker Bulletin
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