VOL. XXX

NO. 9

8-DECEMBER-1986

OPEC GETS TO GRIPS WITH DIFFERENTIALS

At its 10-day meeting in Vienna, which came to an end on 30 November, theOPEC committee of experts on pricing is understood to have produced a voluminousreport which will give the Oil Ministers plenty to chew on when theirforthcoming conference convenes in Geneva on 11 December. In particular, thereis a substantial choice of scenarios with regard to differentials, in whichcalculations based on OPEC's replacement value method...