No. 05

31 January 2000


Producers Agree To Maintain Production Cutbacks Until End-March; Positions Differ On What To Do Next

As things stand today, there is a consensus among OPEC member states and their non-OPEC partners in the production cut agreement to maintain the present accord until the end-March deadline, but what happens thereafter remains undecided. There is a growing feeling that the cutbacks should be extended, but differences over for how long, with MEES soundings...