OPFC Hard-Liners Call for Return to Status Quo Ante
Meeting in Algiers last week, the three members of OPEC's traditional hard-line bloc - Algeria, Iran and Libya - called for a restoration of OPEC's official price structure and a return to the policy of production programming enshrined in the March 1983 agreement. A communique issued by the Oil, Finance and Foreign Ministers of the three states urged the OPEC countries to unite to defend the price structure and the purchasing...
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