VOL. XLII

No 49

6-December-1999

OPEC

Discord Over New OPEC SG Could Have Indirect Impact OnMarket, Say Saudi Candidate

The continuing discord among OPEC members over who should bethe next Secretary General is threatening the credibility of the organizationand could destabilize the oil market, according to Mr. Sulaiman al-Herbish,Saudi Arabias nominee for the post. In an interview with Reuters on 1December, Mr. al-Herbish who is Assistant Deputy Minister for Economic Affairsin the Saudi Oil...