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05 December 2019 The on-line newspaper devoted to the world of transports 16:18 GMT+1



December 17, 2001

Norway's shave leaves oil production cuts short

OSLO (Reuters) - Non-OPEC Norway said on Monday that it would cut its oil output 150,000 barrels per day (bpd), about 5%, as part of a drive by OPEC and other producers to bolster prices.

Norway, the third largest exporter behind Saudi Arabia and Russia, said the cuts would last for six months starting Jan. 1. It would scrap the cuts if other exporters failed ......
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