VOL. XXXII

NO. 36

12-JUNE-1989

INFORMAL UNDERSTANDINGS ON PRODUCTION RESTRAINT COULD UNDERPIN OPEC'SVIENNA DEAL

MEES Editor Ian Seymour Reports on the OPEC Conference in Vienna, 5-7 June

Patched-up and potentially leaky as it may be, the agreement reached by theOPEC Oil Ministers in their mid-year conference in Vienna could stand a decentchance of survival - at least for the third quarter until they meet againtowards the end of September - provided certain key understandings on production...