VOL. XXXII

NO. 23

13-MARCH-1989

OMANI OIL MINISTER HAILS NON-OPEN PRODUCTION CUTBACK EFFORT

Oman - a medium-sized 600,000 b/d oil producing country which is not a memberof OPEC but which has close ties with the major Arab Gulf exporters throughcommon membership of the Gulf Cooperation Council (GCC) - is well satisfied withthe collective action taken by a group of non-OPEC producers to cut back exportsby nearly 300,000 b/d in support of OPEC's price maintenance efforts. Seven"independent" non-OPEC...