OPEC's Impact

摘要

Oil prices fell sharply after the terrorist attacks of September 11, 2001, but rebounded in early 2002 and 2003. In 2004, prices increased sharply in the face of limited OPEC spare production capacity and rapid world oil demand growth. Fluctuating oil prices (and revenues) can have a significant impact on non-OPEC oil exporting countries, such as Mexico, Norway, Russia, and others.