OPEC
Iran's Ardebili Says OPEC Reference Price Could Rise to $22/B in 1988
Iran's Deputy Oil Minister Hossein Kazempour Ardebili has predicted that OPEC's official $18/B reference price for crude oil will almost certainly be increased to $20/B in 1988 to compensate for the reduced value of the US dollar, and could possibly be raised by a further $2/B to $22/B if an understanding could be reached among OPEC members for a gradual increase in official prices. Mr. Ardebili, who was...
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!