VOL. XLIII

No. 12

20 March 2000

OPEC

OPEC Keeps Markets Guessing About Exact Production Level Beginning April

While it now seems very likely that OPEC will reach a consensus on a production increase beginning 1 April, with a review of the decision next June in light of market developments, there is still no clear picture as to the exact level of the increase, and at least two member states, Algeria and Libya, remain opposed to any rise in production. Although nothing final on the volume increases...