OPEC WATCHDOG COUNCIL ABOUT TO APPOINT AUDITORS TO MONITOR PRODUCTION AND PRICE DISCIPLINE

An international firm of auditors is about to be appointed to help monitor and control oil production volumes and sales prices of OPEC member countries under the aegis of OPEC's newly created Ministerial Executive Council. A reliable OPEC source tells MEES that a contract with an international auditing firm is to be signed very soon.

The five-member Ministerial Executive Council, under the...