OPEC AND OIL PRICES

Oman and Malaysia Would Back Market Stabilization Effort 

Oman and Malaysia have become the latest non-OPEC oil producers to indicate their willingness to support any OPEC plan to stabilize the oil market.

Omani Deputy Prime Minister 'Abd al-Mun'im al-Zawawi told Reuters on 19 February that "we would be only too glad to follow any OPEC decision . . . . and to put in our share of reduced production if there is an agreement among OPEC and non-OPEC...