VOL. XXXIII

NO. 37

18-JUNE-1990

UAE/Egypt

Otaiba and Kandil Stress Need for Quota Discipline

At a joint press conference in Cairo last week with Egyptian Oil MinisterAbd El-Hady Kandil, UAE Minister of Petroleum and Mineral Resources, Mana Saeedal-Otaiba, stressed the importance of coordination between OPEC and non-OPEC inorder to stabilize the international oil market and achieve the minimum $18/Bprice floor. While emphasizing the importance of quota adherence by the OPECmember countries, Dr....