OPEC move leaves market cold

December 2004
MEED: Middle East Economic Digest;12/17/2004, Vol. 48 Issue 51, p11
Trade Publication
Reports on the impact of the Organization of Petroleum Exporting Countries' decision to cut the supply of oil on the world market in 2004. Factors that contributed to the decision; Statement issued by OPEC ministers concerning their decision on the production levels of oil; Information on the crude and distillate inventories according to the data released by the Energy Information Administration on December 15, 2004.


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