VOL XXX

NO. 8

1-DECEMBER-1986

OPEC AND OIL PRICES

Subroto Foresees Rollover of Current OPEC Production Arrangement for FirstQuarter 1987

Indonesia's Oil Minister Dr. Subroto has made it clear that, in view ofthe improbability of any agreement on permanent quotas at OPEC's Decemberconference, he would favor another extension of the existing production controlarrangement to cover the first quarter of 1987.

In a New York interview with Platt's Oilgram News, published on 24 November,Dr. Subroto made...