Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 894 Sat. December 02, 2006  
   
Business


Opec chief says 2nd output cut likely


Opec is likely to trim production again, the president of the oil cartel said Friday, adding that he expects a cut of at least 500,000 barrels a day.

The specific amount will be decided at the Opec meeting scheduled for this month in Nigeria's capital, he said.