NO. 36


Tough Talk Among OPEC Ministers Underlies Vienna Decision To RolloverOutput Ceiling For 3Q

MEES Editor Ian Seymour Reports on the Outcome of the OPEC Conference inVienna, 4 June.

The OPEC Conference in Vienna was so brief (all over in one day) and itsoutcome so expected (almost exactly as predicted in last week's MEES) that manyobservers seem to have concluded that the Oil Ministers must have had an easyride. Nothing could be further from the truth. The simple public...