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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: oilbabe who wrote (54035)11/5/1999 6:29:00 AM
From: oilbabe  Read Replies (1) of 95453
 
Gov?t mulls extending oil production quota now in place

Energy and Mines Minister Al¡ Rodr¡guez said today that Venezuela is studying a plan to extend oil production cuts introduced by OPEC on April 1 this year and officially due to end next March.
Rodr¡guez gave no details other than the government was looking into the idea of continuing what has been a very successful move in helping to more than double the price of oil in just a few months.

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