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To: David Spruiell who wrote (16799)3/27/1998 2:24:00 AM
From: Czechsinthemail  Respond to of 95453
 
Regarding Norway,
I don't think it is clear that Norway decided not to cut production. What Norway will do is still to be determined. Apparently some of the gripe was based on the view that if Norway committed to reducing production before the weekend meeting, OPEC members would cut less and perhaps cheat more. Norway may still end up cutting production, but they will likely time their decision on that to follow the OPEC meeting.
Baird