YAMANII SAYS OPEC MARKET SHARE MUST BE WELL ABOVE 16MN B/D
According to Saudi Arabia's Oil Minister, Shaikh Ahmad Zaki Yamani, OPEC has not yet defined its "fair share" of the oil market but this will in any case have to be "well above 16mn b/d." However, Shaikh Yamani, who was speaking to reporters in Geneva after the conclusion of the OPEC conference on 9 Decembers warned that in the event of a price collapse OPEC output would rise to "well above 18mn, 19mn,...
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