VOL. XXXVII

NO. 27

4-APRIL-1994

OPEC Opts To Preserve Market Share In Geneva Output Rollover Decision

MEES Editor Ian Seymour Reports on the Outcome of OPEC's MinisterialMonitoring Committee (MMC) Meeting in Geneva, 25-26 March.

Perhaps the main conclusion to be drawn from OPEC's widely predicted outputrollover decision in Geneva is that - despite the financial distress endured bymany members as a result of the 30% fall in oil prices over the past year - thestrategic emphasis remains firmly fixed...