Badri Urges Straight Course
OPEC Secretary-General, ‘Abd Allah al-Badri, speaking to reporters on 13 December in Vienna, expressed concern over the global economy, calm over the threat to OPEC posed by surging US shale oil and confidence that ministers had taken the correct decision when they met the previous day.
The 12 December decision, which maintained OPEC’s current 30mn b/d output ceiling, despite projections of a looming 1.25mn b/d...