MORE CONFUSION OVER OPEC'S MARCH MEETING

Yet more confusion over the timing and purpose of OPEC's projected ministerial meeting or meetings in March has been generated by the announcement on 27 February in Geneva by Iran's Foreign Minister, Mr. Ali Akhar Velayati, to the effect that the Oil Ministers of all OPEC countries plus some unidentified non-OPEC exporters would hold an unofficial meeting in Geneva on 6 March, in advance of the formal OPEC ministerial session scheduled to...