No. 30



Venezuela Intends To Stay In OPEC, Says Giusti

Evidently seeking to dampen speculation that Venezuela's days as a member of OPEC may be numbered, the President of Petroleos de Venezuela SA (PDVSA), Mr. Luis Giusti, has affirmed that his country intends to remain in OPEC but wants to see a new order among all oil producers. Mr. Giusti told a meeting of the New York-based trade group Council of the Americas on 18 April that "we believe that we are...