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Vol. 5, No. 11 Week of November 28, 2000
Providing coverage of Alaska and northern Canada's oil and gas industry


OPEC stays hand for now

Oil cartel concerned supply will soon outstrip demand after four production hikes this year have failed to tame runaway prices

Clar Ni Chonghaile

Associated Press Writer

OPEC decided Nov. 13 against raising production for the time being, a decision likely to upset consumer nations where high oil prices are pushing up winter heating bills. The oil cartel warned that supply could soon outstrip demand after four production hikes this year failed to tame runaway prices....

    [additional news subjects in this story]

Worldwide production increases 5.2 million BOPD

New secretary-general named

Price band only a tool


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