OPEC IN SUSPENSE TILL 22 JULY

MEES Executive Editor Ian Seymour Reports on the OPEC Consultative Meeting in Vienna, 5-7 July

Although it did succeed, in extremis, in reaching a "consensus" on the need to reestablish price and production discipline, the OPEC consultative meeting in Vienna has left a whole bundle of loose ends dangling until the Oil Ministers get together again on 22 July at their regular ordinary conference in Geneva. Chief among these is the crucial, lingering...