Supplement to

VOL. XXXV

NO. 34

25-MAY-1992

OPEC Opts For Lower Than Expected Production Ceiling For 3Q 1992

MEES Editor Ian Seymour Reports on OPEC's Vienna Conference, 21-22 May

Given the prospective strength of the oil market in the second half of this year, it is doubtful whether this bullish outlook could have been significantly undermined by anything which OPEC did or did not do at its Vienna ministerial conference.

In fact - on paper at least - OPEC's Vienna decision could serve to create an...