VOL. XLIV

No. 28

9-July-2001

OPEC

OPEC Press Release

The following is the press release issued after the OPEC Conference:

The 116th (Extraordinary) Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) convened in Vienna, Austria, on 3 July 2001, under the Chairmanship of its President, HE Dr Chakib Khelil, Minister of Energy and Mines of Algeria and Head of its Delegation.

Having reviewed the oil market situation and supply/demand expectations for the...