VOL. XXII

NO. 10

12-DECEMBER-1988

OPEC AND OIL PRICES

Norway to Extend Production Curbs

In the wake of OPEC's success in putting together a new agreement onproduction and prices, Norway has announced that it will continue to enforce its7.5% cut in planned production growth for the first half of 1989 with a view toassisting OPEC's efforts to stabilize the market. Oil Ministry spokesman EgilHelle said in Oslo on 8 December that "the government's decision is anexpression of Norwegian willingness to...