OPEC AND OIL PRICES

Lukman Says Temporary Agreement Could Be Extended for another Two Months 

While stressing that "we in OPEC are not thinking in terms of extending the present agreement," Alhaji Rilwanu Lukman, Nigeria's Oil Minister and President of the current session of the OPEC conference, nevertheless feels that, if the issue is not resolved at the Geneva meeting, OPEC could re-endorse the two-month temporary agreement reinstating the 1984 quotas for a further two...