![Michael Eisenstadt](https://www.washingtoninstitute.org/sites/default/files/styles/square_110/public/2022-12/Eisenstadt TWI portrait 2022 167v2 600px.jpg?h=d28015cd&itok=vEUqdYjy)
In-Depth Reports
OPEC Ascendant?
A moderate run-up in oil prices in 1989 has led many oil forecasters to project large price hikes through the 1990s and a far more powerful OPEC cartel; in short another oil shock in the mid-1990s. Recent warnings from forecasters are reminiscent of the alarmist—and mistaken—predictions that followed the oil
Jun 1, 1990