Sep 16, 2005
LONDON [MENL] -- OPEC, expressing doubt over the prospect of lower prices, has agreed to provide an extra two million barrels of oil per day to prevent any crude oil shortage.
LONDON [MENL] -- OPEC oil ministers have agreed not to raise oil productionin an effort to reduce prices.
NICOSIA [MENL] -- Iran plans to significantly increase crude oil productionfrom offshore wells.
WASHINGTON [MENL] -- Saudi Arabia would be required to increase oil capacityto 23 million barrels per day.