11.   Suspicions that, when other OPEC producers are breaching their quotas, Saudi Arabia will be reluctant to cut its output are continuing to drive oil prices lower.

12.   STOCKS SETTLE VIRTUALLY UNCHANGED Wall Street held steady, helped by buying in oil stocks on anticipation that OPEC would cut its output and oil prices would stabilize.

13.   That pledge was part of an effort by a coalition of major oil producers who vowed to cut output by a total of two million barrels a day.

14.   The cartel has traditionally been slow to react to higher prices by increasing supplies but has been quick to cut output to bolster falling prices.

15.   The manufacturers or power plants could then theoretically use the certificates to offset local government requirements to cut their output of pollutants.

16.   There were an unusually large number of holidays in July, which cut output in that month.

17.   They are scheduled to meet again this month, after having cut output three times this year to bolster prices.

18.   They have been forced to cut output because of the shortage of hard cash to import vital machinery and spare parts.

19.   Weaker sales, in turn, are forcing companies to cut output.

20.   When they cut output, however, prices were historically low.