VOL. XXXII

NO. 21

27-FEBRUARY-1989

NON-OPEC EXPORTERS EXPECTED TO ANNOUNCE 2Q OUTPUT CUTS IN COMING WEEK

Following the meeting of technical experts in London on 21 February, a numberof non-OPEC "independent" oil exporting countries are confidentlyexpected to announce cutbacks in second-quarter exports during the coming week -that is to say on or before 3 March MEES understands that the cuts will be madeunconditionally, and will not be dependent on any reciprocal action by OPEC.

Those present at...