Wednesday, January 21, 2015

122 Memorandum of Conversation

"...In a contingency basis: Offer preferential treatment for OPEC (Saudi) assets in return for (1) a Saudi commitment to progressively increase production levels, to continue to moderate price decisions within OPEC and to produce enough oil to prevent future tight market conditions, or (2) a Saudi commitment to enforce within OPEC an oil price agreement that provides for small price increases..."


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