OPEC AND OIL PRICES

Soviets Seek Market Stabilization Agreements with OPEC and Other Oil Exporters 

The Soviet ambassador to Venezuela, Mr. Ivan Vialias, has stated unequivocally that the Soviet Union is interested in reaching agreements with OPEC and other oil exporters in order to stabilize the world oil market. In an interview with the official Venezuelan news agency in Caracas on 28 February, Mr. Vialias described the Soviet Union as an ally of OPEC as far as price stability is...