VOL. XLIII

No. 11

13-March-2000

OPEC

US Seeks "Substantial And Timely" Increase In Supplies

Last week the Clinton administration continued its high-profile campaign to persuade and/or pressure producing countries to provide "substantial and timely increases in production." On the other side of the fence, the Iranian Oil Minister visited Riyadh On 8 March and issued a joint statement with his Saudi opposite number endorsing the principle of "adequate and timely oil supplies to balance the market...