VOL. XXX

N0. 10

15-DECEMBER-1986

OPEC AND OIL PRICES

Norway Will Continue Support if OPEC Reaches Agreement

Norway has again indicated that if OPEC can come up with an agreement at its meeting in Geneva it is ready to extend its own support for OPEC which currently takes the form of diverting around 80,000 b/d of royalty crude into storage as products beyond the end of the year.

In an interview in Oslo published on 8 December, Norwegian Oil Minister ArneOeien warned that if there was no agreement...