OPEC AND OIL PRICES

OPEC Policy Committee Expected to Meet in Mid-January 

MEES learns that OPEC experts are now expected to meet in Vienna in mid-January to prepare the ground for the first session of the new special ministerial committee which is to examine OPEC policy options. The ministerial committee - composed of the Ministers of Venezuela (chairman), Indonesia, Iraq, Kuwait and the UAE - will meet directly after the experts' sub-committee has completed its work. The Geneva...