GENEVA: OPEC Chairman Rilwanu Lukman said he will be pleased if crude oil prices are between 15 and 18 dollars per barrel the end of the two month period of OPEC production cuts. OPEC will appoint experts from each of its 13 member states to monitor output and ensure against violations under its new production pace
Five non O.P.E.C nations have pledged output cuts totaling 500, 000 barrels to 700,000 barrels per day as part of OPECs efforts to achieve market stability, senior OPEC sources said.
Article extracted from this publication >> August 8, 1986