VOL. XXXIII

NO. 49

10-SEPTEMBER-1990

OPEC & Gulf

USSR Sees Oil Prices above $25/B during Gulf Crisis

The Soviet Union expects crude oil prices to remain above $25/B during theGulf crisis despite the recent OPEC agreement to compensate for the shortfallresulting from the stoppage of Iraqi and Kuwaiti production, according to Mr.Guiry Petrunin, Vice President of the Soviet exporting agency Soyuzneftexport.The Soviet official told Reuters on 5 September that "in conditions ofcontinuing conflict,...