OPEC

OPEC Ministerial Committee Agrees on Adjustment of Differentials

Meeting in Kuwait on 8 December, OPEC's Ministerial Committee on Differentials agreed in principle on an adjustment in differentials between OPEC official prices which will take effect on 1 January 1985. The proposed size of the price adjustments will be finalized at a further meeting of the committee in Geneva on 18 December, and will be submitted as a recommendation to the full OPEC ministerial conference on the...