VOL. XXXI

NO. 14

11-JANUARY-1988

OFFICIAL PRICES UNDER THREAT FROM STIFF BUYERS' RESISTANCE

One week into the New Year, a number of leading OPEC suppliers and theircustomers are still locked into crucial negotiations regarding lifting volumesand prices for January and the first quarter of 1988. This being so, noconclusive answer can yet be given to one of the vital questions that ispreoccupying the market: will official prices continue to play any role in oilsales for at least some OPEC...