SAUDI ARABIA

Yamani Warns of Market Chaos

The Saudi Oil Minister, Shaikh Ahmad Zaki Yamani, while reaffirming his country's commitment to defending the current oil price structure, has warned that the producers are facing a fundamental choice between self-discipline and a price collapse. In a brief interview published on l June - on the eve of the OPEC Ministerial Executive Council (MEC) meeting in Taif - in the daily al-Sharq al-Awsat, Shaikh Yamani said: "Either we succeed in...