OPEC Ministers See Agreement at Geneva as Only Option

Whatever differences may exist within OPEC over pricing and production policies, there is to judge from statements by various ministers virtual unanimity that the alternative to resolving these differences at Geneva and coming up with a solid and credible market stabilization program is a market collapse spurred on by competitive price cutting.

The Saudi Oil Minister, Shaikh Ahmad Zaki Yamani, told the London Arabic daily al-Sharq...