VOL. XLII
No 48
29-November-1999
OPEC
OPEC States Reaffirm Their Goal Is Market Stability
OPEC member states and other producers have reactedcautiously to recent market developments that saw oil prices rising to over$25/B. The suspension of Iraqi oil exports for two weeks was seen as a temporarymeasure that did not necessitate an immediate reaction. However, continuedprice bullishness solicited reactions from senior officials in the producingcountries affirming their interest in market stability....
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