LONDON (AFX) – The Organisation of Petroleum Exporting Countries (OPEC) is unlikely to make notable changes to output quotas, analysts said, despite the looming possibility of supply disruptions from a war with Iraq and the recent spike in crude prices. Given that OPEC countries are to some extent already ignoring current quotas, and with OPEC’s…
MARKETS: OPEC unlikely to change quotas as looming Iraq war threatens supplies
Posted on March 20, 2003 by EnergyAsia