VOL. XLIII

No. 27

3-July-2000

OPEC

Clinton Says OPEC Did Not Raise Production "As Much As We Would Like"

US President Bill Clinton said last week that OPEC had not increased production as much as the US would have liked, due to efforts to preserve unity within the organization. However, the president did admit that most OPEC member states other than Saudi Arabia have reached maximum production capacity. Speaking at a press conference at the White House on 28 June, the president said that "I...