VOL. XLVI
No 17
28-April-2003
OPEC
OPEC Agrees To Cut Oil Output By 2Mn B/D From 1 June
Walid Khadduri and Bill Farren-Price of MEES report on the OPEC Consultative Meeting held in Vienna on 24 April.
OPEC ministers have agreed to cut oil production from current output levels by 2mn b/d from 1 June, targeting a new OPEC 10 (without Iraq) ceiling of 25.4mn b/d. At their consultative meeting in Vienna on 24 April, the first meeting of the organization to proceed without representatives from founding...
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