VOL. XLII

No. 39

27-September-1999

OPEC

Oil Market Responds Bullishly To OPEC Decision To MaintainCurrent Output Cuts Until At Least End-March 2000

MEES Editor Ian Seymour Reports on the Outcome of OPECs 22September Ministerial Conference in Vienna.

The oil market has responded bullishly to the decision ofthe OPEC Oil Ministers widely expected though it may have been to maintainthe currently agreed output cutbacks at least until end-March next year (whenthe present one-year accord terminates),...