Middle East Economic Survey


No 14


OPEC Switches Date Of Next Meeting To 15 June

OPEC oil ministers have agreed to move the date of the next OPEC conference to 15 June from 7 June for logistical reasons, following consultations over the last 10 days. Meanwhile, there is now little expectation that OPEC oil ministers will consult on an additional rise in the organizations output ceiling ahead of the next meeting in June, following weaker oil prices over the last week,...