VOL. XXXVII

NO. 9

29-NOVEMBER-1993

OPEC's Status Quo Decision Carries Big Price Risk

MEES Editor Ian Seymour Reports on the OPEC Ministerial Conference in Vienna,23-24 November. Given the evident lack of enthusiasm among key member countriesfor new output cuts only two months after the conclusion of a six-monthproduction accord in Geneva, it was hardly surprising that the OPEC OilMinisters should have opted to maintain the status quo at their end-Novemberconference in Vienna. But, by keeping the...