CURRENT SOFT MARKET WILL BE ONLY TEMPORARY, SAYS YAMANI

MEES Executive Editor Ian Seymour Reports from Geneva

The present weakness in the world oil market, which began to make itself felt a couple of weeks ago, will be a short-lived phenomenon, according to Saudi Arabia's Oil Minister, Shaikh Ahmad Zaki Yamani. Speaking at a press briefing after chairing a meeting of OPEC's production and price watchdog body, the Ministerial Executive Council, in Geneva on 30 April-1 May, Shaikh...