VOL. XLIII
No. 14
3-April-2000
SAUDI ARABIA
Saudi Arabia And Iran Prepare To Increase Production In The Wake of OPEC Output Hike
Following the decision by OPEC member states to raise output in a bid to return the supply-demand balance to equilibrium (for full analysis see lead story), the organizations two largest producers, Saudi Arabia and Iran, are working out how best to effect the increases as of 1 April.
While Iran was not a party to the OPEC agreement, the organization members with the...
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