The end of opaque?
Article Abstract:
The Organization of Petroleum Exporting Countries (OPEC) plans to regulate production to keep prices within a band, though there are questions as to whether it can achieve this. Quotas will be reviewed in Jun 2000.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
Slippery slope
Article Abstract:
Trends in petroleum prices are examined, including the role of OPEC in influencing prices.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
Oil's pleasant surprise
Article Abstract:
Crude petroleum prices have risen since Mar 1999, when OPEC supply cuts were agreed. Previous sharp rises in petroleum prices led to inflation and recession, but fear that this could occur has receded. Petroleum prices had previously fallen before Mar 1999, and taxes have increased since the 1970s, while dependency on petroleum has decreased, so crude price rises have less impact. There will be some impact on inflation, and US interest rates may have to be raised, while output will also be affected.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: NTT's nasty surprise. Hold the line. Engaged
- Abstracts: As prices rise, homeowners go deep in debt to buy real estate. Farrah energizes Home Depot
- Abstracts: Williams unveils plans for breakup as earnings drop. Williams, Tyco quit negotiations regarding merger. Rolls-Royce growth hits target for second year
- Abstracts: Degrees of poverty. Dosh for dons. The gap widens
- Abstracts: Pipeline poker: north, south, east, west; what's best? Storm in a precious teacup. Wooed but not wowed