SAUDI ARABIA

Taher Estimates Demand for OPEC Oil Will Rise to 20mn b/d Over Next Few Years 

According to Dr. Abdulhady Taher, Governor of Saudi Arabia's Petromin, demand for OPEC oil is likely to rise to 20mn b/d over the next few years. Speaking in an interview with the daily al-Sharq al-Awsat of 13 April, Dr. Taher reckons that if the Gulf War comes to an end, Iraqi and Iranian production could rise to 4mn b/d and 3mn b/d respectively, leaving the remaining 13mn b/d for the rest...