VOL. XLII
No. 12
22-March-1999
OPEC
OPECs New Volume Cuts Look Like A Done Deal In Advance OfVienna Conference
It now appears to be a virtual certainty that an OPEC accordon a further 7% reduction in crude oil production will be finalized in quicktime when the Organizations Oil Ministers meet in Vienna on 23 March. MEES understandsfrom well-placed OPEC sources that all of the 10 OPEC member countriesconcerned (that is to say excluding Iraq whose special circumstances vis-à-visthe UN precludes its...
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