VOL. XLII
No. 30
26-July-1999
OPEC
Crude Oil Prices Recover After Slide Caused By PDVSA ChiefsStatement
Crude oil prices staged a notable rebound late last weekfollowing a slide on Tuesday (20 July) occasioned by comments by Mr. RobertoMandini, President of Venezuelas state oil company PDVSA, which the marketconstrued as bearish. Returning to a theme to which he had already given voiceearlier this month (MEES, 19 July), Mr. Mandini told a Venezuelancongressional hearing on 20 July that, in his...
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