VOL. XL
No. 49
8-December-1997
OPEC
OPEC Charts New Direction With Jakarta Production Agreement
MEES Editor Ian Seymour Reports on the OPEC Ministerial Conference Held in Jakarta,Indonesia on 26 November-1 December 1997.
As expected, OPEC's Jakarta conference came up with a substantial boost to theOrganization's moribund crude oil production ceiling. Though its full repercussions areyet to be ascertained, this move in itself stands a good chance of providing a new leaseof life for OPEC after four...
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