VOL. XXXIV

NO. 31

6-MAY-1991

Iraq

Hammadi Calls for Gradual Rise in Oil Prices

Dr. Sa'dun Hammadi, the Iraqi Prime Minister, told a press conference inBaghdad on 25 April that Iraq's oil policy was based on creating a balancebetween the interests of the OPEC producers, the consumers and the of worldeconomy in general. He said that Iraq was calling "for gradual, reasonableincreases in the oil prices to keep pace with inflation rates and fluctuationsin dollar exchange rates. This is to enable the...