VOL. XLII
No. 19
10-May-1999
IRAQ
Iraqs Kirkuk Oil Sales Threatened By Price Distortions
Despite a continued strong price climate in world oil markets buoyed up by reports of satisfactory compliance by OPEC producers with their agreement for a 1.7mn b/d output cutback effective 1 April conditions have nevertheless reached a state of dangerous confusion in some sectors, with distortions between physical crude prices in the European/Mediterranean area threatening to give rise to near-rebellion...
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