VOL. XXX

NO. 22

9 MARCH 1987

THE DECEMBER 1986 OPEC AGREEMENT: WILL IT WORK?

by Nordine Ait-Laoussine

(The following article by Mr. Nordine Ait-Laoussine is based on a paperpresented at the Energy 1987 Seminar, sponsored by the First Boston Corporation,in New York on 4 March 1987. Mr. Ait-Laoussine is President of the Geneva-basedpetroleum consulting firm NALCOSA.)

The December 1986 OPEC Agreement, which put an end to last year's price war,should be welcomed even, if, like any peace treaty, it is...