VOL. XXX

NO. 18

9-FEBRUARY-1987

OPEC/NON-OPEC AND OIL PRICES

Iran Sees "Good Signs" for OPEC Agreement

Iran's Oil Minister, Mr. Gholamreza Aghazadeh, has confirmed that Iranproduced its full quota of crude in January and has expressed optimism thatOPEC's plan to return to fixed prices backed by a production ceiling willsucceed.

Speaking on Tehran radio on 2 February, Mr. Aghazadeh said that "therewere no problems and the conditions were very good during January when our saleswere at the level of...