VOL. XLI
No. 13
30-March-1998
OPEC
Riyadh Production Cutback Accord Marks Major Step ForwardTowards Market Restabilization But Credibility Doubts Persist
When one considers the depth of doom and gloom that until very recently reigned in oilcircles regarding the possibility of getting key OPEC players - Saudi Arabia and Venezuelain particular - even to talk to one another about production restraint in face of theworst potential oil price disaster since 1986, the production accord suddenly and...
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