No. 08



Yamani Advises OPEC To Raise Output By 2Mn B/D To Keep Oil Price In The $16-20/B Range

OPEC needs to raise its oil exports by 2mn b/d beginning in April if it is to contain the price for crude oil in the range of $16-20/B for Brent, according to former Saudi Oil Minister Shaikh Ahmad Zaki Yamani. This is the range, he contends, that would make oil industry investment attractive without curbing the general economic performance of consumer countries, or...