VOL. XXXIV

NO. 8

26-NOVEMBER-1990

Supply/Demand

Kartasasmita Calls upon Industrialized Countries to Draw Down Stocks

Mr. Ginandjar Kartasasmita, the Indonesian Minister of Mines and Energy, haswarned that a projected global shortage of around 1.5mn b/d of crude oil willdevelop during the winter season unless the industrialized countries releasepart of their oil stocks. The Indonesian official told the annual meeting of theAssociation of the Southeast Asian Nations (ASEAN) last week that the...