VOL. XLIII

No. 26

26-June-2000

OPEC

OPEC Production Increase Package Looks Reasonably Solid Despite Market Scepticism

Ian Seymour and Walid Khadduri of MEES Report on the Outcome of OPECs 21 June Extraordinary Conference in Vienna.

Despite the near-hysterical climate in the oil market and the related political pressures generated thereby, it should be recognized that OPEC has once again reacted with commendable calm and good sense by deciding to raise the allowable output quotas for the 10 member...