OPEC AND OIL PRICES

Price and Compliance Committees to Consult in Algiers on 15 October

MEES understands that the two committees set up by OPEC at its June conference the five-member price monitoring committee, comprising the Ministers of Saudi Arabia, Nigeria, Venezuela, Algeria and Indonesia, and the quota compliance committee, which comprises the Ministers of Venezuela, Indonesia and Nigeria are planning to meet in Algiers on 15 October to review the progress made by the compliance...