Roundup Of OPEC Ministerial Statements
Dr. Alirio Parra, the Venezuelan Oil Minister, said on 19 November that OPECwould discuss prices and production levels at its next meeting. He told theOPECNA news agency that OPEC was complying with its production program, butrecession, incremental supplies from non-OPEC producers and high stocks hadcaused prices to be "lower than expected over the past few days."
Earlier in the month Iran called for a reduction in the...
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