VOL. XL

No. 25

23-June-1997

OPEC

OPEC Oil Ministers Look Set For Quota Roll- over In Vienna

Once again, the OPEC Oil Ministers seem set to maintain the status quoon quotas when they meet for their regular mid-year conference in Vienna on 25 June, withthe option of a rollover of existing output allocations for a further six months beingregarded as a virtual certainty.

As at previous ministerial conferences over the past four years or sosince the last meaningful agreement on production quotas was...