OPEC AND OIL PRICES

Algeria and Iran Attack Saudi Oil Policy 

As the date for the 28 July OPEC meeting in Geneva approaches, the Algerian media have resumed their attacks on the OPEC majority, singling out Saudi Arabia for specific criticism. An editorial in the Algiers daily Ed Moudjahid on 22 July accused the Saudis and other Gulf producers of reversing the rules of supply and demand, saying they had "deliberately inundated the market in a season of low demand." The daily...