NO. 26


OPEC Secretariat Outlines Supply Scenarios And Warns Against Roll-Over

MEES Editor Ian Seymour Reports from Geneva

As the OPEC Oil Ministers began their meeting on 25 March in Geneva, theywere presented with a report on the oil market situation by the OPEC Secretariatwarning that a roll-over of the present quota ceiling of 24.52mn b/d - widelyregarded, at MEES press time on Friday, as a likely outcome of the meeting -would cause a further significant growth in...