VOL. XXXIII

NO. 9

4-DECEMBER-1989

OPEC's Vienna Agreement Has Positive Features But Doubts Remain AboutFirst-Half 1990 Prospects

MEES Editor Ian Seymour Reports on the OPEC Conference in Vienna, 25-28November

OPEC's quota redistribution settlement in Vienna - at a nominal ceiling of22mn b/d with Kuwait in and the UAE out - can claim, despite its imperfections,quite a few positive features to its credit. But, although it should succeedin taking quite a bit of oil off the market, doubts still remain...