VOL. XL

No. 47

24-November-1997

OPEC

The Proposed Increase In OPEC's Production Ceiling: Will ItImprove Credibility?

by Nordine Ait-Laoussine

In the following article Mr. Nordine Ait-Laoussine reviews prospects for theforthcoming OPEC conference in Jakarta. Mr. Ait-Laoussine, a former Algerian EnergyMinister, is President of the Geneva-based consulting firm Nalcosa.

With higher oil demand expected next year and the widespread feeling that the marketwill continue to clear excess production with no...