VOL. XLII

No. 13

29-MARCH-1999

OPEC

OPEC Delivers The Goods On NewOutput Cutback Deal

MEES Editor Ian Seymour Reports on the Outcome of OPECs23 March Ministerial Conference in Vienna.

There was no slip between the cup and the lip in Vienna thisweek when the Oil Ministers of 10 OPEC member countries (excluding Iraq whoseoil exports are regulated by the UN oil-for-food program) took less than 10minutes of meeting time to sign and finalize their pre-arranged agreement toreduce output by a further...