Strictly: Drilling and oil-field services Message Board

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

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To: dfloydr who wrote (60825)	2/24/2000 5:27:00 AM
From: Tomas	Read Replies (1) of 95453

OPEC could decide to keep the current quotas in effect beyond March if oil prices don't rise to new levels before then, Venezuela's Energy and Mines Minister Ali Rodriguez said yesterday. ``All options are still open,' Rodriguez told reporters. ``We could as a group choose that it's not the right time to end the cuts.' Even if OPEC decides to boost oil production in April the group could call an emergency meeting in June to change output policies, Rodriguez said. OPEC's oil ministers normally convene only twice a year. From Bloomberg Energy, Thursday

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