OPEC: NO AGREEMENT IN VIEW AT GENEVA

MEES Executive Editor Ian Seymour Reports from Geneva, 18 April

Never very bright in the first place, the prospects for a production agreement between the OPEC oil exporting countries at their extraordinary ministerial conference in Geneva had faded almost to the point of extinction by MEES press time on Friday, 18 April. As of now, the positions of the various groupings within OPEC are so far apart that the focus of the argument is not so much on...