VOL. XXXVI

NO. 21

22-FEBRUARY-1993

Implementation Question Mark Hangs Over OPEC's New Production Accord

MEES Editor Ian Seymour Reports on the Meeting of OPEC's MinisterialMonitoring Committee (MMC) in Vienna, 13-16 February.

The unenthusiastic welcome so far accorded by the oil market to OPEC's 16February production accord for the four-month March-June period is perhapsunderstandable in the light of OPEC's poor track record when it comes to theimplementation of its own agreements. The previous...