VOL. XXXIV

NO. 3

22-OCTOBER-1990

Iraq

Iraq Supports Call for UN Sponsored Conference on Oil Market Stability

Mr. Isam al-Chalabi, the Iraqi Oil Minister, has expressed his government'ssupport for a proposal made earlier this month by Venezuela's President, Mr.Carlos Andres Perez, to convene a UN-sponsored conference of oil producing andconsuming countries in order to achieve oil market stability (MEES, 8 October)."The acute current fluctuations of oil prices serve speculators in the oilmarket at...