OPEC AND OIL PRICES
OPEC Statement on 1Q Production
OPEC has issued a statement affirming that January production figuresindicate that "OPEC member countries are, by and large, operating withinthe framework of the Organization's agreement". (For MEES story on OPEC'sJanuary production figures, see issue of 20 February). The text of thestatement, issued in Vienna on 20 February, is as follows:
"OPEC supply to the international oil market by 12 member countries in...