VOL. XLIII
No. 30
24-July-2000
OPEC
Saudi Arabia Acts To Meet Market Demand As Other OPEC Members Stick To Price Band Mechanism
The debate within OPEC as to whether or not the organization should increase production for the third time this year took a significant turn last week when Saudi Arabia discreetly raised output to meet market demand while the other OPEC member states continued to stick to the price band mechanism agreement reached in Vienna last month, which provides for an...
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