Mexican Energy Secretary Blasts OPEC
Mexico's Energy Secretary, Mr. Fernando Hiriart, has accused OPEC ofdestabilizing the oil market through overproduction and price discounting andwarned that his country has no alternative but to set its prices in accordancewith those of other non-OPEC producers. In an unusually bitter statement on 15November in Mexico City, Mr. Hiriart said that "since OPEC has not had aserious policy when it comes to respecting production...
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