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Vol 7, No. 21 Week of May 26, 2002
Providing coverage of Alaska and northern Canada's oil and gas industry


OPEC frets that other producers might join Russia in scrapping export limits

Mexico, Norway and other non-OPEC oil producers might increase production, triggering a collapse in oil prices

by The Associated Press

Russia’s decision to remove its cap on oil exports means that OPEC, fearing a possible glut of crude, is sure to avoid raising its own output when its members confer next month, an OPEC official and industry analysts said May 17. The Organization of Petroleum Exporting Countries fears that Mexico,....

    [additional news subjects in this story]

Russia will phase out limits

Russia could upset targets

Others could also increase


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