VOL. XXXVIII

NO. 51

18 SEPTEMBER 1995

OPEC

Algeria Favors Freezing Production Ceiling Next November; Libya SaysPrices Still Too Low

Algerian Energy Minister Ammar Makhloufi said last week that his countrysupports measures to freeze the OPEC production ceiling for 1996 since none ofthe OPEC member states has an interest in seeing prices fall because of araising of the ceiling. Mr. Makhloufi told Reuters on 13 September that theNovember OPEC Conference "will be an im- portant meeting because it will...