Newsletter Explains Soviet Aloofness from Non-OPEC Output CutbackOffer
The Soviet Union was a notable absentee from the recent non-OPEC producers'initiative towards OPEC offering to cut production. Why?
The May issue of the monthly newsletter Eastern Block Energy says that theSoviets "... were initially interested in coming to some sort of a deal,and an intermediary emissary from Pemex was warmly welcomed in Moscowaccording to Soviet sources. But second...