VOL. XLIV
No 52
24/31 December 2001
OPEC
OPEC/Non-OPEC Cuts Of Almost 2MnB/D To Start In January
MEES learnsthat OPEC oil ministers will give the go-ahead for a crude oil output cut of1.5mn b/d beginning 1 January, as announced at their extraordinary meeting on14 November, and that non-OPEC producing countries will also go ahead with areduction of 462,500 b/d for a period of six months starting 1 January until 30June 2002.
OPEC announced on 18 December thatit had scheduled a coordinating meeting...
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