VOL. XXXI

NO. 9

7-DECEMBER-1987

GLOOMY PROGNOSIS FOR OPEC'S VIENNA CONFERENCE

Even with the best will in the world, it would be difficult to categorize theprospects for the forthcoming 9 December OPEC conference in Vienna as anythingbut gloomy. Although there is a truly desperate need among the OPEC exportersfor a credible new agreement on prices and production control for next year,the chances of it actually coming to pass appear to be comprehensively blockedby a network of economic and...