VOL. XXXVI

NO. 31

3 MAY 1993

Divergences Abound On OPEC Production Estimates For April

An improvement in output discipline for the month of April is clearlyregarded, in OPEC and oil market circles, as pretty crucial for the health bothof the Organization's current production agreement and the market itself in thesecond quarter. Unfortunately - at this stage at any rate - there appear to bewide divergences in provisional estimates for OPEC crude oil production in Aprilas between the various...