Mexico Agrees To Extend Export Cuts Till Mid-1999 WhileSaudi Arabia/Venezuela Will Propose OPEC Cutback Rollover Till End-1999
In line with prior expectations, no decisions on further oil outputcuts were forthcoming from the consultative meeting of the core group of three OilMinisters from Saudi Arabia (Ali Naimi), Venezuela (Erwin Arrieta) and non-OPEC Mexico(Luis Tellez) which took place in Cancun, Mexico, on 2 October. However,agreement wasreached on a...
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