TOO EARLY TO PASS JUDGEMENT ON OPEC OVERPRODUCTlON REPORTS, SAYS LUKMAN

It is still much too early to pass judgement on recent reports of over-quota production by OPEC during July, according to the Nigerian Oil Minister and current President of the OPEC Conference, Mr. Rilwanu Lukman. In an interview in Algiers last week with MEES Editor Ian Seymour, Mr. Lukman said that "so far we are only talking about production in the first two weeks of the month and that is too short a period to...