VOL. XXXV

NO. 19

10-FEBRUARY-1992

OPEC

Roundup of Pre-OPEC Meeting Statements

The following is a roundup of statements by various OPEC members in therun-up to the 12 February meeting of the Market Monitoring Committee:

Iran Mr. Gholamreza Aghazadeh, the Iranian Oil Minister, warned on 6 Februarythat oil prices will fall sharply if OPEC does not cut its production. He said,"we seriously recommend OPEC members take measures to reduce theirproduction ceiling...because market conditions are not...