VOL. XLI

No. 02

12-January-1998

OPEC

Oil Prices Slide Spells Financial Pain For OPECProducers

Reluctantly but inevitably, OPEC oil producers - as well as agood many non-OPEC exporters, no doubt - will have to come to grips with the unpleasantprospect that the current oil price slide could, in the absence of prompt action torestrain supply, turn into something a good deal more serious than a temporary downturn.If that were to be the case, the financial pain of such an eventuality could well be...