VOL. XLII
No. 24
14-June-1999
OPEC
Oil Exporters Consulting On Strategy To Keep Brent Prices In$18-20/B Range
A senior Gulf official who is familiar with Saudi oil policyhas been quoted as affirming that members of OPEC together with some non-OPECexporters are curently involved in consultations with a view to devising astrategy to stabilize crude oil prices in the range of $18-20/B (for Brent) byintervening in the market whenever prices move outside the targeted band. Thisserves to confirm an...
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