VOL. XXXII

NO. 35

5-JUNE-1989

OPEC

Pre-Conference Statements by OPEC Ministers

A wide range of opinions on the question of whether OPEC should or should notraise its production ceiling in the second half of the year and whether the$18/B target price should be retained or not was evident in pre-conferencestatements by a number of OPEC ministers.

The Algerian Oil Minister, Mr. Sadek Boussena, said last week that hiscountry will oppose efforts to increase OPEC's 18.5mn b/d production ceilingat the 5...