NO. 37


Health Of 3Q Market Will Depend On Production Discipline By OPEC 10 AsKuwait Drops Out Of Quota Fold

MEES Editor Ian Seymour Reports on OPEC's Ministerial Conference in Geneva,8-10 June

Strict production discipline must be the order of the day for the 10remaining quota-bound members of OPEC if a reasonable level of price is to besalvaged from the uncertain prospects for the third quarter following one ofOPEC's least successful ministerial meetings in recent years....