Don’t panic - but perhaps we'll push up the prices a bit

Oil producers and consumers are exercising an extraordinary degree of self-restraint to avoid the price rise chaos of 1979 and early this year. But as MEN outlines in its last issue, the line between market order and catastrophic disruption is a thin one, and it will not take much to cross it. Already there are one or two warning signs in the air as spot prices creep upwards