Watching the World: In bed with the bear

01/07/2002
The CEOs of the major oil companies are often asked where they see the world oil price heading. And they always give an answer something like, "There is nothing to be gained trying to second-guess the market. What is more important is stability."However, stability is something that has been lacking in recent weeks.The price of oil has been steadily falling and the Organization of Petroleum Exporting Countries has been cutting production in an attempt to keep prices up, a tactic that would work under normal circumstances.OPEC has always taken the view that as long as it had most of the cake, it doesn´t really matter how big the cake is.But the emergence of a capitalist Russia has cha...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected