VOL. XLI

No. 37

14-September-1998

OPEC

Yamani Sees Gloomy Future For OPEC And Oil Prices

The former Saudi Oil Minister Shaikh Ahmad Zaki Yamani is predicting a gloomy futureboth for oil prices and for OPEC. In his speech to a conference in London last week (fortext see page D1), organized by the Center for Global Energy Studies (CGES) and CWAssociates, Shaikh Yamani said that oil prices would remain weak for the foreseeablefuture and expressed doubts whether OPEC would be able to remain intact...