VOL. XLVI

No 15

14-April-2003

OPEC

Proposed OPEC Meeting Will Discuss Options To Keep Price Within Preferred $22-28/B Band

An emergency OPEC meeting proposed for 24 April in Vienna will discuss options for reducing group overproduction in an effort to stabilize oil prices within the preferred $22-28/B band for the OPEC basket price. At MEES press time, there was still no confirmation that the meeting would go ahead on 24 April, even though a majority of members are in favor of the date and it is...