11. OPEC Policy: A Correction Rather Than a Cure
- Author:
- Simon Henderson
- Publication Date:
- 06-2004
- Content Type:
- Policy Brief
- Institution:
- The Washington Institute for Near East Policy
- Abstract:
- The Organization of Petroleum Exporting Countries (OPEC) is meeting this week in Beirut, where the cartel is expected to confirm a higher production ceiling that should lead to a decrease in international oil prices. Nevertheless, the sharp price hikes seen during the past few weeks have rekindled questions about OPEC's motivations and whether the world would be better off without the organization.
- Topic:
- Security, Oil, and Religion