VOL. XLV

No 37

16-September-2002
OPEC

Absence Of OPEC Consensus On OutputBoost Could Lead To Decision At Osaka To Leave Quota Ceiling As It Is

OPEC ministers arestill divided over whether or not to increase production quotas when they meetin Osakaon 19 September. Saudi Arabiain particular is understood to favor of an increase, while Kuwaitand Venezuelahave both said market fundamentals do not support such a move, which raises theprospect of a compromise. Certainly all OPEC members believe...