BRIONI: OPEC EDGES TOWARDS MAJORITY AGREEMENT ON PRICE AND PRODUCTION TARGETS

MEES Editor Ian Seymour Reports from Brioni, Yugoslavia, on the Progress of the OPEC Conference

After several days of free-ranging but productive discussions between OPEC Oil Ministers in the relaxed atmosphere of Yugoslavia's exclusive holiday resort on Brioni Island, the outlines of an agreement which could determine the future of the world oil industry are Slowly but surely taking shape. Although this...