OPEC to boost oil production target

OPEC members agreed today to boost their oil production target by 6.5% to 24.5 million barrels a day to cover a shortfall in oil exports from Venezuela.

OPEC to boost oil production target
Sun, 12 Jan, 2003 - 18:08

OPEC members agreed today to boost their oil production target by 6.5% to 24.5 million barrels a day to cover a shortfall in oil exports from Venezuela.

The increase will take effect on February 1, OPEC President Abdullah bin Hamad Al Attiyah said.

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CourtsHeathrowPlace: VenezuelaPlace: United StatesPerson: President Abdullah bin Hamad Al AttiyahPerson: President Hugo ChavezPerson: Al AttiyahOrganisation: OPECOrganisation: Organisation of Petroleum Exporting CountriesOrganisation: Venezuela
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