VOL. XXXIII

NO. 28

16 APRIL 1990

OPEC Considers Meeting Before May Conference To Head Off Looming PriceCrash

As crude oil prices plunged in the last few days before the Easter holiday,OPEC Ministers entered into a series of intensive contacts by telephone -orchestrated by Algerian Mines Minister Sadek Boussena, who is the currentPresident of the OPEC Conference - to determine what action the Organizationcould or should take to stem the ebbing tide of the market. As at MEES presstime on Thursday...