OPEC

China to Cut Exports by 80,000 b/d in Second Half 1986 

China - which has already expressed its readiness to reduce its oil exports in support of OPEC's market stabilisation efforts (MEES, 1 September) - has announced that it will cut exports by 2mn tons (approximately 80,000 b/d) in the second half of the year. Reports from Peking quote the President of the China National Chemicals Import and Export Corporation, Mr. Zheng Dunxun, as saying that exports had already been cut...