VOL. XXX

NO. 16

26-JANUARY-1987

OPEC/NON-OPEC AND OIL PRICES

Term Contract Negotiations Between Buyers and OPEC Suppliers Still Focuson Volume

Commitments Negotiations between OPEC governments and oil companiesregarding crude a supplies over the coming months are still focusing on thecrucial question as to how far buyers can be pinned down to term volumecommitments at fixed prices. In general, buyers are showing readiness to committhemselves to volumes for February and to a lesser extent March,...