31.   No significant layoffs are expected to result from the latest round of production cuts, although total employment could fall some next year, the company said.

32.   Oil production cuts by OPEC-member nations have pushed crude oil prices higher, but other forces may put downward pressure on prices.

33.   Oil stocks gained after the price of oil soared on reports that the leaders of the Organization of Petroleum Exporting Countries would move to establish more oil production cuts.

34.   Now, analysts believe demand will plunge more sharply, leading to more production cuts, plant closings and layoffs.

35.   Oil prices reversed a slump this week that reflected continued skepticism over whether OPEC producers could make good on production cuts announced last week.

36.   Only later did Norway, which also had a tradition of not cooperating with OPEC, go along with production cuts.

37.   OPEC officials have suggested that, this fall, they might consider reversing their production cuts of January and March.

38.   OPEC ministers, deeply divided over the best strategy for propping up sagging crude oil prices, took no action Thursday on making further production cuts.

39.   OPEC Secretary-General Ali Rodriguez said Monday that ministers were likely to meet in early August to decide on another round of production cuts.

40.   Over the long term, she expects to see production cuts.