Return-Path: <sentto-279987-3521-1004193778-fc=all.net@returns.onelist.com> Delivered-To: fc@all.net Received: from 204.181.12.215 [204.181.12.215] by localhost with POP3 (fetchmail-5.7.4) for fc@localhost (single-drop); Sat, 27 Oct 2001 07:44:28 -0700 (PDT) Received: (qmail 21203 invoked by uid 510); 27 Oct 2001 14:42:22 -0000 Received: from n18.groups.yahoo.com (216.115.96.68) by 204.181.12.215 with SMTP; 27 Oct 2001 14:42:22 -0000 X-eGroups-Return: sentto-279987-3521-1004193778-fc=all.net@returns.onelist.com Received: from [10.1.4.54] by n18.groups.yahoo.com with NNFMP; 27 Oct 2001 14:43:00 -0000 X-Sender: fc@red.all.net X-Apparently-To: iwar@onelist.com Received: (EGP: mail-8_0_0_1); 27 Oct 2001 14:42:58 -0000 Received: (qmail 48970 invoked from network); 27 Oct 2001 14:42:58 -0000 Received: from unknown (10.1.10.142) by l8.egroups.com with QMQP; 27 Oct 2001 14:42:58 -0000 Received: from unknown (HELO red.all.net) (65.0.156.78) by mta3 with SMTP; 27 Oct 2001 14:42:54 -0000 Received: (from fc@localhost) by red.all.net (8.11.2/8.11.2) id f9REgva28320 for iwar@onelist.com; Sat, 27 Oct 2001 07:42:57 -0700 Message-Id: <200110271442.f9REgva28320@red.all.net> To: iwar@onelist.com (Information Warfare Mailing List) Organization: I'm not allowed to say X-Mailer: don't even ask X-Mailer: ELM [version 2.5 PL3] From: Fred Cohen <fc@all.net> X-Yahoo-Profile: fcallnet Mailing-List: list iwar@yahoogroups.com; contact iwar-owner@yahoogroups.com Delivered-To: mailing list iwar@yahoogroups.com Precedence: bulk List-Unsubscribe: <mailto:iwar-unsubscribe@yahoogroups.com> Date: Sat, 27 Oct 2001 07:42:57 -0700 (PDT) Reply-To: iwar@yahoogroups.com Subject: [iwar] [fc:Saudi,.UAE.send.strong.signal.of.impending.cut.in.oil.production] Content-Type: text/plain; charset=US-ASCII Content-Transfer-Encoding: 7bit Saudi, UAE send strong signal of impending cut in oil production ABU DHABI, Oct 27 (AFP) - The world's top oil producer, Saudi Arabia, and two other Gulf oil states sent out Saturday the strongest signal yet that OPEC may cut production at its next meeting in Vienna on November 13. Riyadh, Abu Dhabi and independent producer Oman issued a joint statement clearly in favour of another output cut to boost prices. "We have already reduced our production three times. I cannot see what prevents us from doing it again," Saudi Oil Minister Ali Al-Nuami told reporters at a press conference in the Emirati capital. Independent oil producer Oman voiced "readiness to cut production" and to cooperate with OPEC and non-OPEC nations to boost slumping prices, in the statement. "The Sultanate of Oman has expressed its readiness to cut production and to cooperate with the rest of the producing countries from OPEC and non-OPEC in order to maintain the price band target," said the statement after a meeting of oil ministers from Oman, Saudi Arabia and the United Arab Emirates (UAE). "The ministers noted with great concern the continued deterioration in crude oil prices to levels unseen since two years," it said. The falls were "caused by the most recent downward revision in world oil demand for the the current year as well as next year and the excess supply and growing commercial stocks as compared to last year." The statement was released after Nuaimi met UAE Oil Minister Obeid al-Nasseri and Oman's Mohammad bin Hamad Al-Romhi at a plush seafront hotel in Abu Dhabi. The meeting of kingpin Saudi Arabia and the UAE -- both members of the Organization of Petroleum Exporting Countries (OPEC) -- with Oman is part of the cartel's efforts to coordinate with non-OPEC countries and boost slumping oil prices. ------------------------ Yahoo! Groups Sponsor ---------------------~--> Get your FREE VeriSign guide to security solutions for your web site: encrypting transactions, securing intranets, and more! http://us.click.yahoo.com/UnN2wB/m5_CAA/yigFAA/kgFolB/TM ---------------------------------------------------------------------~-> ------------------ http://all.net/ Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
This archive was generated by hypermail 2.1.2 : 2001-12-31 20:59:57 PST