Word: yamani
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Saudi Oil Minister Sheik Ahmed Z. Yamani refused to call the steep plunge in oil prices this year a total "oil price collapse," but said that "what the oil industry badly needs is price stability in the long term," during a speech yesterday at the Kennedy School of Government...
...Yamani urged all oil-producing nations to prevent constant fluctuations in world oil prices by collectively establishing a price structure based on the long-term equilibrium between supply and demand...
...Yamani, a 1960 graduate of Harvard Law School, made his comments before more than 650 spectators at a symposium entitled "Oil Markets: Past, Present and Future--Personal Reflections of His Excellency Ahmed Zaki Yamani...
...response to an audience question, Yamani said his comments would anger some of his peers, but that a majority of OPEC members were coming around to support his thinking...
...Yamani criticized calls for import restrictions on oil saying they "can lead to trade wars and spell the end of free trade practices...