No 12



OPEC Ministers Sending Mixed Signals Ahead Of Vienna Meeting

With oil prices hitting 13-year highs in recent days, OPEC ministers have given mixed signals on whether the organization will go ahead with planned output cuts on 1 April. Calls for a raising of the target price band from the present $22-28/B range have also served to obscure ministers intentions in the run up to the ministerial conference in Vienna on 31 March. Significantly, Saudi Arabia has...