VOL. XXX
NO. 23
16-MARCH-1987
OPEC AND OIL PRICES
Shell Chairman Lauds OPEC Price Stabilization Effort
Mr. Peter Holmes, the Chairman of the Royal Dutch/Shell Group of Companies,has signalled his confidence in OPEC's efforts to stabilize the oil pricestructure at $18/B and in its determination to adhere to last December's priceand production agreement. In a press conference in London on 5 March presentingthe 1986 results of his company, Mr. Holmes said, "OPEC have doneextraordinarily well and...
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