OPEC PONDERS DEFENSE OF MINIMUM MARKET SHARE

MEES Executive Editor Ian Seymour Reports from Geneva, 6 December

One crucial issue has been looming large in the consultative run-up to the OPEC ministerial conference which opens here in Geneva on 7 December - namely a growing consciousness in OPEC mainstream opinion that a solution to the current malaise overhanging the oil market cannot be found within the framework of OPEC alone. From this it would follow that any future stabilization of an...