VOL. XXXIII

NO. 49

10-SEPTEMBER-1990

OPEC & Gulf

Subroto Urges Oil Consuming Countries to Draw Down Their Inventory

Dr. Subroto, OPEC's Secretary General, called upon the oil consumingcountries to draw down their inventories and match the increased production fromOPEC in order to help stabilize the oil market. "Market stabilizationshould be the joint responsibility of producers and consumers. OPEC has done itspart by increasing its production. It is now up to the consumer governments todecide...