VOL. XLIII
No. 47
20-November-2000
OPEC
OPEC Avoidance Of Fresh Oil Supply Increment Is Prudent Step, Says Saudi Oil Minister
The decision of the OPEC Oil Ministers at their extraordinary meeting in Vienna on 12-13 November not to put any fresh increment of crude oil supply onto the market at the present time (thereby, in effect, suspending for the time being the automatic operation of OPECs $22-28/B price band mechanism) represented a prudent step, according to Saudi Arabias Oil Minister Ali...
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