VOL. XLV

No 44

4-November-2002

SUPPLY/DEMAND

GCC Oil Ministers Pledge To Protect Price, Supply Stability

Gulf Cooperation Council (GCC) oil ministers pledged on 26 October to maintain stable oil prices and protect supplies, according to a communiqué released at the conclusion of the ordinary bi-annual meeting inMuscat. GCC oil ministers expressed their countries determination to guarantee the security of supplies and the need to intensify consultations among themselves, and with other producing...