NO. 38


OPEC Ministers Score On Price Front But Leave Secretary General ProblemUnresolved

MEES Editor Ian Seymour Reports on the Outcome of OPEC's Vienna Conference,15-16 June

Pricewise the OPEC Ministers did the right thing at their Vienna conference.As expected, they came out with a firm announcement reiterating that, in linewith the March 1994 Geneva agreement, OPEC's current production ceiling of24.52mn b/d and its component quotas will remain unchanged until the end...