VOL. XXX
NO. 23
16-MARCH-1987
OPEC AND OIL PRICES
OPEC Ministers Optimistic
Against the background of a further increase in spot market prices (withApril Brent rising from $17.55/B at the end of last week to $17.85/B on 13March), intensive inter-OPEC consultations over the past week appear - to judgefrom statements made by the various officials involved - to have resulted in aconsensus that (1) contrary to media reports, OPEC production in February waswell within the 15.8mn b/d ceiling, (2) in...
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