NO. 52


Oil Prices

Salman On OPEC's Options For Price System

The real choice for OPEC to safeguard the interests of its member states isbetween an imposed fixed-price system and a dynamic market-related system,according to Dr. Ramzi Salman, OPEC Deputy Secretary General. Dr. Salman,speaking at the Centre for Petroleum and Mineral Law and Policy at St. Andrews,Scotland, dismissed ideas recently proposed by industry observers such as the"set aside" or "joint marketing"...