VOL. XLI

No. 22

1-June-1998

OPEC

OPEC/Non-OPEC Officials Mull Further Output Cuts

As crude oil prices languish in the doldrums of around $14/B for Brent (disregardingthe current manipulated squeeze on Dated Brent), officials from OPEC and non-OPEC oilexporters have been talking about prospects for further production cuts when OPEC OilMinisters convene for their next conference in Vienna on 24 June. There follows a round-upof relevant statements during the past week:

  • Speaking at a seminar on...