VOL. XLI

No. 47

23-November-1998

OPEC

Rollover Of Existing OPEC Cutback Arrangements Looks To Be LikelyOutcome in Vienna

Though one should not particularly in view of the current trulydisastrous condition of world oil prices totally discount the possibility that theOPEC Oil Ministers might conceivably spring a surprise at their Vienna conference on 25November, nevertheless all concrete indications point to the conclusion that no freshround of oil production cuts will be agreed upon at that...