OPEC AND OIL PRICES

Norway Might Cooperate if OPEC Reaches Production Agreement

Norway has apparently once again reversed its position on cooperating with OPEC to stabilize the oil market and is willing, according to Oil Minister Kaare Kristiansen, to consider helping moves to support oil prices, providing OPEC first reaches a firm agreement on production control.

Speaking in an interview with the International Herald Tribune on 24 April, Mr. Kristiansen said that as things stand, with...