OPEC looks unlikely to cut true output: cartel may reduce quotas as planned, but high price will keep the oil gushing
Article Abstract:
OPEC member countries are not likely to decrease current oil output despite the possible introduction of new quotas, unless petroleum prices drop sharply from their current levels.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2004
Strategy & planning, Commodity & service prices, Planning, Prices and rates, Company business planning, Company pricing policy
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2004
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OPEC to cut output quotas 3.5%
Article Abstract:
OPEC will reduce oil production quotas by 3.5%. The move, intended to avoid oversupply and keep prices up, will go into effect on November 1, 2003.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003
World
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003
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Comment about this article or add new information about this topic:
Subjects list: Production management, Petroleum industry, Organization of the Petroleum Exporting Countries, Petroleum
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