VOL. XXX
NO. 13
5-JANUARY-1987
THE OIL PRICE SCENE: NON-OPEC
Malaysia Will Cut Production Further
Malaysia will back the OPEC decision to return to a fixed price of $18/B witha further 7.25% production cut, according Malaysian Prime Minister MahathirMohammad. Dr. Mohammad told reporters on 21 December that "we will go alongwith OPEC ....we will cut back, but the important thing is to see whether theOPEC members adhere to their decision."
Malaysia has already cut its oil output by 10% from 510,000...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!