OPEC

Norway Not Convinced by Brioni Conference; UK Still Rules Out Cooperation with OPEC

The Norwegian Government does not regard the results of last week's OPEC conference in Brioni as sufficiently concrete to warrant "national measures" to contribute to the stabilization of oil prices, according to Oil Minister Arne Oien. In a 1 July statement in Oslo Mr. Oien said that the Brioni meeting "was not given the clarification which is necessary for the Norwegian...