VOL. XLIV

No. 04

22-January-2001

OPEC

Iraq Takes On Wild-Card Status Vis-à-Vis OPECs Supply/Price Management Aspirations

MEES Editor Emeritus Ian Seymour reports on the outcome of OPECs 17 January Extraordinary Ministerial Meeting in Vienna.

As expected, OPECs extraordinary ministerial meeting in Vienna went ahead pretty much according to plan: a speedy decision to cut output quotas by 1.5mn b/d with effect from 1 February. The decision was, of course, well pre-cooked in advance and went through...