VOL. XLII
No. 37
13-September-1999
OPEC
Venezuela Will Continue to Push ForAdoption Of Price-Band Plan
Despite negative reactions from some big producingcountries, such as Mexico (MEES, 6 September), Venezuela will continueto promote, within OPEC, its plan for a supply regulation mechanism designed tokeep crude oil prices stable within a pre-set targeted band, according toVenezuelan Energy Minister Ali Rodriguez. The Minister did not specify anyprecise numbers for the price band in question, but...
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