OPEC AND OIL PRICES
Labor Government in Norway Pledges Support for Market Stabilization
The new Labor Norwegian Government headed by Mrs. Gro Brundtland, in a reversal of the previous government's non-interventionist position, has formally indicated that it is prepared to cooperate with OPEC in re-stabilizing the oil market. The change in policy was announced by Mrs. Brundtland in her first speech to parliament as Prime Minister on 13 May, when she said that "if OPEC nations...
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