VOL. XLI

No. 48

30-November-1998

OPEC

OPECs Vienna Conference: A Damp Squib

MEES Editor Ian Seymour Reports from Vienna on the Outcome of the OPECOil Ministers Conference, 25-26 November.

In their advance prognostications, oil market analysts and thespecialized media had expected precious little of value to emerge from OPECsend-November ministerial conference in Vienna. In the event, what they actually got waseven less than they had bargained for in other words, virtually zero.

It had, of course,...