Book Description
This digital document is an article from APS Review Oil Market Trends, published by Pam Stein/Input Solutions on October 7, 2002. The length of the article is 588 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.Citation Details
Title: TURKMENISTAN - The International Market Perspective.
Publication: APS Review Oil Market Trends (Newsletter)
Date: October 7, 2002
Publisher: Pam Stein/Input Solutions
Volume: 59 Issue: 15Distributed by Thompson Gale
Excerpt. © Reprinted by permission. All rights reserved.
High oil prices in recent years have made Turkmenistan more attractive. World crude oil prices are expected to remain high in the near future, with Brent to rise above $30/b in winter. The crude oil prices at present, with Brent close to $29/b, contain a war premium of more than $4/b. One of the other reasons why prices are high is OPEC's Sept. 19 decision in Osaka to keep its 21.7m b/d production ceiling (with Iraq excluded) unchanged through the fourth quarter of 2002. OPEC's next ministerial meeting, the 122nd, is scheduled to be held on Dec. 12 to decide the production ceiling for the first quarter of 2003. Another reason was...
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