VOL. XXX

NO. 9

8-DECEMBER-1986

ARAB OIL MINISTERS SLASH OAPEC BUDGET

MEES Executive Editor Walid Khadduri Reports from Kuwait on the OAPECMinisterial Conference.

The Organization of Arab Petroleum Exporting Countries (OAPEC)has once again felt the dual impact of the lower oil revenues and the paralysisof joint Arab activities. The Organization's ministerial meeting in Kuwait on 3December witnessed the slashing of its annual budget by almost 25%, togetherwith a further cutback in its activities...