OPEC DEBATE LOOMS ON PRODUCTION TARGETS FOR THIRD AND FOURTH QUARTERS

MEES Editor Ian Seymour Reports on the Varying Attitudes Within OPEC on 3Q and 4Q Production Targets

Taking pre-OPEC conference soundings last week in Damascus, where Arab Oil Ministers briefly gathered for an OAPEC meeting, it became more than ever clear that there is a very definite divergence of opinion within OPEC ranks over what should be the target level of production during the third and fourth quarters of 1987.

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