NO. 4


OPEC & Supply/Demand

Boussena Calls on Producers and Consumers to Reach Consensus onEquilibrium Price for Oil

Mr. Sadek Boussena, the Algerian Mines Minister and OPEC President, told theannual meeting of the Indonesian Petroleum Association on 16 October that theconfrontational behavior which has characterized relations among the producersand between producers and consumers should be abandoned in favor of a consensuson a desired equilibrium price level for oil....