VOL. XXXIII
NO. 31
7-MAY-1990
OPEC's Geneva Deal On Output Cutbacks Has Positive Features But FacesStern Market Test
MEES Editor Ian Seymour Reports from Geneva on OPEC's 2-3 May Meeting
Despite an initial negative reaction from the market, the OPEC ministerialmeeting here in Geneva has succeeded in putting together a three-month(May-July) production cutback deal which has quite a few positive features andshould in due course make a healthy contribution towards steadying the oil pricebetween now...
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