MIDDLE EAST OIL PRODUCERS GETTING SET FOR DEMAND SURGE IN MID-1990S

Roger Vielvoye International Editor Middle East countries are preparing for a predicted upturn in demand for their crude oil in the mid-1990s. Production facilities mothballed for as long as 6-7 years in some cases are being reactivated and investments approved for new production facilities. The turnaround in the fortunes of the region has occurred suddenly.

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