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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: upanddown who wrote (24238)	6/16/1998 2:39:00 PM
From: diana g	Read Replies (1) \| Respond to of 95453

????Perhaps johny's post was a misunderstanding of this: Tuesday June 16, 1:35 pm Eastern Time GCC says oil cut since March totals 1.025 mln bpd RIYADH, June 16 (Reuters) - Gulf Cooperation Council (GCC) oil states on Tuesday said they had cut their output by a combined total of 1.025 million barrels per day (bpd) since a landmark producers pact in March. ''...the total cuts which were pledged by the GCC countries since the Riyadh agreement in March reached 1.025 million bpd,'' the statement said. The statement came after the GCC announced that United Arab Emirates and Kuwait would each cut their output by 75,000 barrels per day (bpd) and Oman by 20,000 bpd from July 1. Saudi Arabia and Qatar had earlier pledged cuts to support the Amsterdam Pact of June 4.