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Prospects for the international oil market

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  • Mohnfeld, Jochen H.

Abstract

The OPEC price conference in Geneva on May 25–26, 1981 did not resolve the disagreement among OPEC member countries over official prices. As a result of this stalemate, Saudi Arabia with its intention to moderate prices will in the foreseeable future probably not be prepared to make substantial reductions in its high volume of production with which it puts pressure on prices. What short- and medium-term perspectives for the international oil market arise from this situation?

Suggested Citation

  • Mohnfeld, Jochen H., 1981. "Prospects for the international oil market," Intereconomics – Review of European Economic Policy (1966 - 1988), ZBW - Leibniz Information Centre for Economics, vol. 16(4), pages 160-165.
    • Handle: RePEc:zbw:inteco:139749
    DOI: 10.1007/BF02924763
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    Keywords

    Energy Supply;

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