A weblog that catalogs what's shaping the thinking at the DSB Policy Institute.

Monday, May 10, 2004

"House of Bush, House of Saud" in effect: "6:38AM Saudi oil minister calls on OPEC to increase output : Bloomberg.com reports that Saudi Arabia's oil minister said the Organization of Petroleum Exporting Countries should increase quotas by 6.4%, causing the biggest drop in crude oil prices in more than a month. Saudi oil minister Ali al-Naimi said OPEC should boost its output target by 1.5 mln barrels per day, from 23.5 mln now."

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