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29 September 2020 The on-line newspaper devoted to the world of transports 06:12 GMT+2

March 28, 2000

Opec plans output increases to avoid row over pricing: Oil ministers consider reinstating 1.7m barrels a day

The Organisation of Petroleum Exporting Countries last night considered a plan to reverse production cuts made last March to try to avoid a confrontation with oil-consuming countries, particularly the US.

The scheme would on paper reinstate as much as 1.7m barrels a day in cuts that over the past year have helped boost the price of crude oil from less than ......
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