VOL. XXXIX

No. 28

8-April-1996

OPEC

Yamani Warns Of Impending Crisis In OPEC

MEES Executive Editor Walid Khadduri Reports on the 6th CGES Annual Conference, held in London on 1-2 April.

Shaikh Ahmad Zaki Yamani, Chairman of the Centre for Global Energy Studies (CGES) and former Saudi Oil Minister, warned last week that the present upsurge in oil prices is a temporary phenomenon, due mainly to the unrelenting cold weather and low oil inventories, and that structural problems are...