VOL. XLII

No. 29

19-July-1999

OPEC

OPEC Ministers Debate Duration Of Production Cuts

Several OPEC oil ministers came out publicly last weekagainst an early change to the 23 March oil production cutback agreement,emphasizing that the present production regime should take its course untilthere is a basic change in fundamentals. However other ministers would preferto take a closer look at the question before making any definite decision. Theministers were reacting to comments by analysts who...