VOL. XLI

No. 14

6-April-1998

OPEC

OPEC's Vienna Conference Solidifies Production Cutback Accord ButMarket Remains Wary

MEES Editor Ian Seymour Reports on Outcome of OPEC's 30 March Vienna Conference.

OPEC oil producers, as well as some non-OPEC exporters for that matter, emerged fromthe past week with more credibility on the output cutback front than probably had beenexpected by most observers.

For their part, at an extraordinary ministerial conference in Vienna on 30 March, 10OPEC member...