Word: oilmarket
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...similar flurry of nervous consultation took place. In the Saudi Arabian capital of Riyadh, Hussain Lwasani, the Iranian Foreign Ministry's director for African and Arab affairs, met with Saudi Foreign Minister Prince Saud al Faisal. Lwasani's mission, said a Saudi spokesman, was "related to the current oilmarket situation." A day later, Major Khoualdy Humaidi, a member of Libyan Strongman Muammar Gaddafi's governing Revolutionary Command Council, showed up for a session with Saudi King Fahd. Later, it was announced that the 13-member Organization of Petroleum Exporting Countries would hold an emergency meeting in mid-February...
...Carter wondered, what kind of broker's commission would Charter pay? The two men worked out a verbal agreement that was later confirmed in a short "Dear Billy" letter by Nasife. If Billy succeeded in providing 100,000 bbl. per day in the tight oilmarket, Carter would be paid 55? per bbl.-$20 million a year. If oil became more plentiful, Billy still would get 5? per bbl.-$1.8 million a year...
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