OPEC AND OIL PRICES

Iran Hints at Flexibility on Iraqi Quota Parity

Iran is apparently having second thoughts about its flat rejection of attempts to bring Iraq within OPEC's system of production control by allocating it a quota equal to that of Iran, if comments by Iranian Deputy Oil Minister Hossein Kazempour Ardebili are to be taken at face value. In an interview with the Paris weekly Petrostrategies published on 14 September, Mr. Ardebili is quoted as saying that in the event that...