NO. 39



Norway Hopes for OPEC Quota Adherence

Norwegian Oil Minister Arne Oien has said that the coming months may prove tobe turbulent in the oil market and that as a result it is vital for the OPECcountries to adhere to their quotas.

Addressing a press conference in Caracas on 28 June, Mr. Oien said that"in the next few months there is a danger of turbulence in the oil marketand maybe at times low prices. Under these circumstances we think it is veryimportant that the...