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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...
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The way in which international trade in crude oil is conducted has changed drastically since the beginning of 1979. Who has access to crude oil in producing countries, in what quantity, at what prices, and for how long is in question. Jochen Mohnfeld analyses, recent trends and future...
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In the spring of 1978 the International Energy Agency (IEA) staged the second “Allocation System Test”, a simulation exercise designed to check the ability of 19 OECD countries to cope jointly with another oil crisis. The topicality of such a contingency test is demonstrated by the...
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The World Energy Conference will be held in Munich in mid-September. It will have to deal with diverse and complex …-with 46% of the world supply still by far the most important source of energy-has been reorganized and two oil crises have … keep abreast of the world-wide rise of energy consumption. To replace the oil gradually will therefore be the major task in …
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