VOL. XXXIV
NO. 50
16-SEPTEMBER-1991
Algeria's Ait-Laoussine Proposes New Pricing Mechanism For OPEC Crude
Castigating the markets on which the OPEC countries now rely for their crudeoil pricing formulas as "narrow, imperfect and unrepresentative,"Algerian Energy Minister Nordine Ait-Laoussine has proposed a new mechanism forthe pricing of OPEC crudes, a key element of which would comprise the creationof an OPEC trading house with a view to holding prices within a target range.
The Algerian...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!