VOL. XXXIII

NO. 52

1-OCTOBER-1990

Supply/Demand

Price Levels Will Depend on Stock Management, Says Yamani

The former Saudi Oil Minister, Shaikh Ahmad Zaki Yamani, has urged oilconsuming governments and oil companies to use their stocks so as to dampen downan imminent oil price explosion and consequent global economic recession. Speaking to a group of journalists in London on 27 September, Shaikh Yamani pointedout that the world production system - both inside and outside OPEC - wascurrently...