Middle East Economic Survey

VOL. LIV

No 25

20-Jun-2011

MEES Agenda

OPEC Secretariat Warns Of Danger Of Supply Inaction

A failure to supply a projected 2mn b/d jump in the call on OPEC crude in the second half of the year threatens economic growth, warns OPEC Secretary General 'Abd Allah al-Badri. Mr Badris comments, reinforced by arguments made by OPECs most recent Monthly Oil Market Report (MOMR), come only a few days after the organizations 8 June Vienna meeting at which six members...