VOL. XLIII
No. 27
3-July-2000
OPEC
Norway Lifts Restraints On Oil Production
Norwegian Minister of Petroleum and Energy Olav Akselsen issued a statement on 29 June saying that his country will lift any restraints on oil production. "The oil market situation has improved considerably since OPEC and other oil-producing countries, among them Norway and Mexico, implemented the production restraints," the statement said. "The oil prices are high today. They represent partly a tighter market with lower...
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