No. 02

10 January 2000


Producers Showing Growing Support For Maintaining Production Cuts Beyond March

OPEC member states and other producers are increasingly expressing a preference for maintaining the current production cuts beyond their end-March expiry date. On 27 December, Iranian Oil Minister Bijan Zanganeh told reporters that "OPEC members will probably agree in their March meeting to extend the cuts for another three to six months." Earlier, on 21 December, Mexican Energy...