OPEC MAJORITY DECIDE TO GO THEIR OWN WAY
MEES Executive Editors Ian Seymour and Walid Khadduri Report on the Outcome of OPEC's Geneva Conference Which Ended on 21 April
Despite the by no means unexpected defection of the three hard-liners - Iran, Algeria and Libya - the firm decision of the 10-member OPEC majority to follow up and implement the "defense of fair market share" strategy, originally agreed upon last December, represents a positive step of very considerable...
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