VOL. XL
No. 47
24-November-1997
OPEC
OPEC's ECB Divided On Forecasts For 1997/98
Meeting in Vienna on 12-14 November the members of OPEC's Economic Commission Board(ECB), whose function is to prepare an oil market report for submission to the forthcomingministerial conference, found themselves rather widely divided in their estimates for thecall on OPEC crude supply for the years 1997 and 1998. The differences arose fromdivergent projections for both demand and non-OPEC supply for the two years...
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