VOL. XXXII

NO. 17

30-JANUARY-1989

OPEC/NON-OPEC HOLD USEFUL EXCHANGE OF VIEWS IN LONDON

The negative response of the oil markets to the admittedly bland communique(for text see below) issued by the technical experts of OPEC and non-OPECproducing countries after their London meeting on 26 January was distinctlyinappropriate, considering that the session in question was never meant to beanything more than a preliminary exchange of views. The experts were notmandated to negotiate, let alone decide...