NO. 52



Oman Willing to Reduce Output in an OPEC/non-OPEC Deal

The Omani Minister ofPetroleum and Minerals, Mr. Sa'id ibn Ahmad al-Shanfari, has said that Oman is"ready to cut back its production of 600,000 b/d as part of a deal betweenOPEC and non-OPEC to push prices up to their official level of $18/B."Speaking on 26 September on his arrival in Abu Dhabi to deliver a message on theoil market situation from Sultan Qaboos of Oman to the UAE President, ShaikhZayid ibn...