OPEC AND OIL PRICES
Nigeria's Lukmann Favors Retention of $18/B OPEC Price Rather than Attempted Increase
Speaking in Lagos on 7 May, Nigerian Oil Minister Rilwanu Lukman, who is also the current President of the OPEC Conference, said that Nigeria favored holding the OPEC price steady at the present $l8/B rather than attempting an increase to a level that might prove impossible to defend. However, he noted that if the value of the US dollar continued to fall significantly over a long...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!