Abstract
Most commodity quotations have continued to fall in recent months as a result of the weaker global economy. Crude oil prices, on the other hand, had been maintained at the high level targeted by OPEC since the start of the year, but lately they, too, have started to fall. Is the success of the oil exporters' change in production policy built to last?
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Cf. IEA Oil Market Report, September 2001.
Cf. Alexei Barrionuevo: Crude-oil prices soar amid fear supplies could be disrupted, in: Wall Street Journal, 12.9.2001.
Cf. Klaus Matthies: Steadying of Oil Prices, in: INTERECONOMICS, Vol. 35, No. 2, 2001, pp. 109–112.
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Matthies, K. Production cuts to support oil prices. Intereconomics 36, 272–276 (2001). https://doi.org/10.1007/BF02928981
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DOI: https://doi.org/10.1007/BF02928981