OPEC AND OIL PRICES

Japanese Press on with Proposal for Meeting of Oil Consumers 

The Japanese are pressing ahead with their proposal for a meeting of oil consuming countries to discuss the fall in oil prices, according to the Minister of International Trade and Industry, Mr. Michio Watanabe. Speaking after a cabinet meeting in Tokyo on 25 March, Mr. Watanabe said the objective of the meeting would be to contribute to efforts to stabilize prices. Mr. Watanabe has previously discussed...