VOL. XLIII

No. 08

21-February-2000

OPEC

Clinton And Greenspan Express Concern Over High Oil Prices; Mexico And Venezuela Call For Production Increases

The US dominated the oil scene last week, with President Bill Clinton, Federal Reserve Chairman Alan Greenspan and Secretary of Energy Bill Richardson all expressing concern over the rise in oil prices to around $30/B WTI and the White House and the Secretary of Energy contacting major producers to urge them to halt the increase in crude values. On...