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Are all the good times over?
There is no doubt that oil's meteoric recovery has stunned the market and made nonsense of last year's forecast. With increases in the cost of the input, prices of refined products, including jet fuel, have similarly followed an upward path. The wild card in all forecasts is Opec. Accordin...
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Published in: | Airfinance journal 1999-09 (220), p.24 |
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Main Author: | |
Format: | Article |
Language: | English |
Subjects: | |
Online Access: | Get full text |
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Summary: | There is no doubt that oil's meteoric recovery has stunned the market and made nonsense of last year's forecast. With increases in the cost of the input, prices of refined products, including jet fuel, have similarly followed an upward path. The wild card in all forecasts is Opec. According to BP, prices will now be driven by Opec members' willingness to restrain production. |
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ISSN: | 0143-2257 |