Sheikh Yamani says

Although all would appear rosy in the oil garden at the moment, with the likes of BP and Royal Dutch/Shell, to name but two amongst many, earning record third-quarter profits, there is a growing feeling that all this is about to change. That the downturn in prices is looming ominously. So says none other than Sheikh Ahmed Zaki Yamani, the former Saudi Arabian oil minister, who has predicted that oil prices will crash from the $30/b at present, to a far less desirable $10/b by the end of 2001. The last time prices were this low was at the height of the crash in December 1998. Increased production between the third and fourth quarters of this year (the shortage would soon become a surplus once