NO. 3


The Oil Market: The Shape of Things to Come

by Isam al-Chalabi

The following is the text of a speech delivered by the Iraqi Oil Minister,Mr. Isam al-Chalabi in London on 20 October at the Annual Oil and MoneyConference sponsored by the International Herald Tribune and the Oil Daily.

The optimistic tone of the conference and the honor of being among you werethe main incentives for me to participate in this distinguished gathering.

The 1980s, in marked contrast to the...