VOL. XXXV

NO. 22

2-MARCH-1992

Still No Concrete Sign Of Output Cutbacks In Iran Or Nigeria

In another lackluster week for oil prices, the market has already beenlooking hard for evidence that the OPEC producers are in fact making the outputcuts they pledged in their mid-February agreement in Geneva. In most cases (seeMEES, 24 February) the showing has been reasonably positive. But in respect oftwo big producers - Iran and Nigeria - there has as yet been no concreteindication that any cutback is...