NO. 17

30 JANUARY 1989


Observers See Possibility of further Abu Dhabi Output Cutback inMarch

Concerted pressure by other OPEC members appears to be having some effect onthe ruling circles in Abu Dhabi as far as oil output decisions are concerned. A10% cutback in output has already been programmed by Abu Dhabi for February(MEES, 23 January), and oil circles there are already talking about a possiblefurther 10% reduction in March. If implemented, such a cutback in March wouldlower...