VOL. XXXVII

NO. 1

4-OCTOBER-1993

OPEC Shifts Focus To Price Rather Than Volume At Geneva Meeting

MEES Editor Ian Seymour Reports on the Meeting of OPEC's MinisterialMonitoring Committee (MMC) in Geneva, 25-29 September

If there is one important signpost to have emerged from the OPEC ministerialmeeting in Geneva, it is that the recent drop in oil prices to an unacceptablelevel of below $15/B for the OPEC basket has, for once, succeeded in concentrating the minds of member countries on price rather...