Michael Rothman
Michael Rothman
basically discussing interest mexicans round
The Mexicans and Venezuelans basically pooh-poohed discussing another round of cuts, ... They essentially said that they have no interest in discussing that right now.
cuts emergency improve meeting raised
That they called for an emergency meeting may have raised expectations that they would improve upon the cuts made in the Riyadh pact.
facing latter oil position prevent situation tight unlike unwind year
We're facing a situation in the latter part of the 2002 not unlike year 2000, when OPEC was in a position of having to unwind quotas to prevent too tight an oil balance.