NO. 35

31 MAY 1993

No Clear Plan Yet In View For OPEC At 8 June Meeting In Geneva

Last February, in the run-up to the mid-month OPEC ministerial session inVienna, intensive pre-conference consultations had resulted in a pretty firmunderstanding among the major players as to the parameters of an acceptableagreement on a highly necessary production cutback for March and the secondquarter. The only problem remaining when the meeting began was how to fit Kuwait(hitherto quota-free) into...