GENERAL

Political Row in Norway over Oil Price Cut 

A public political row has erupted in Norway over the decision last month to reduce the price of North Sea crude which triggered the current market crisis and OPEC's Geneva countermeasures. On 12 November the Deputy Energy Minister, Mr. Arild Roedland, described the decision as "a total error of judgment" of which the Government had no advance knowledge. Subsequently officials of the national oil company Statoil were...