VOL. XXXI

NO. 10

14-DECEMBER-1987

OPEC'S PROSPECTIVE ROLL-OVER QUOTA ACCORD FOR 1988 WILL CONTINUE TO EXEMPTIRAQ

MEES Editor Ian Seymour Reports from Vienna, 11 December

Towards the end of the third day of an exceptionally difficult conferencein Vienna, the OPEC Oil Ministers appear to be edging towards what amounts to aroll-over solution on prices and production quotas. However, this may well provetoo fragile to be accorded a satisfactory stamp of credibility by the market.

Though all is by no...