OIL EXPORTERS PUT TOGETHER OUTPUT CUT PACKAGE TO STABILIZE MARKET AND ROLL BACK PRICE CUTS

MEES Executive Editor Ian Seymour Reports on Developments in the Oil Price Crisis

As predicted in last week's MEES (22 October), a group of oil exporting countries has succeeded in putting together the basic elements of a package of production cuts which, if duly implemented, can hardly fail to restabilize the market and roll back the recent price cuts in Norway, the UK, Nigeria and North...