VOL. XXXI

NO. 37

20-JUNE-1988

QUOTA DISCIPLINE LIKELY TO BE OPEC'S PROBLEM IN SECOND-HALF 1988

MEES Editor Ian Seymour Reports on the Outcome of the OPEC Conference inVienna, 11-14 June

OPEC's decision at its Vienna conference last week to roll over itsproduction quotas and ceiling unchanged for the next six months was an outcomeboth expected and widely predicted in oil circles (by MEES among others). But,in reality, it represents a pretty shaky compromise which leaves a whole host ofthorny...