PROSPECTS LOOK BRIGHTER FOR OPEC/NON-OPEC DEAL ON PRODUCTION CONTROL

Prospects for cooperation between OPEC and non-OPEC oil exporting countries in a global production control program now look somewhat brighter following the completion of a series of OPEC/ non-OPEC contacts by key OPEC Ministers and the apparent policy change of the new Norwegian Government in favor of some sort of collaboration with OPEC (see page A3).

As a result of these developments, there is a feeling among leading...