VOL. XXX
NO. 20
23-FEBRUARY-1987
OPEC/NON-OPEC AND OIL PRICES
Dubai Agrees to Cut Output by 10%
The UAE emirate of Dubai has reportedly agreed to cut its crude oilproduction by 10% with effect from 15 February as a gesture of solidarity withOPEC's market stabilization effort. Although, as a federated state, the UAE is amember of OPEC, each individual emirate in the federation does, according to theconstitution, have full charge of its own oil policy; and Dubai hastraditionally followed a policy...
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