21. If the OPEC production ceiling is lifted, actual production would likely rise by only as much as the additional barrels pumped by those with spare capacity. 22. If the Organization of the Petroleum Exporting Countries were to agree to raise the official production ceiling, doling out individual quota increases would be tricky. 23. Kuwait and Qatar have both said they want higher quotas if the Organization of the Petroleum Exporting Countries raises its official production ceiling. 24. Ministers have indicated they will roll over the production ceiling, but perhaps for only six months so they can review the situation again in the summer. 25. On Monday, some of the remarks stirred fears in oil markets that the cartel might scrap its production ceiling to teach other oil producers a lesson. 26. Oil minister Abdalla Salem el-Badri has argued the Organization of the Petroleum Exporting Countries should maintain its current production ceiling to support prices. 27. OPEC has been exceeding its production ceiling in recent months with Venezuela thought to be the main culprit. 28. OPEC has no plans to change its production ceiling, or individual quotas, for the rest of the year. 29. Several ministers said OPEC would probably roll over its production ceiling in hopes of not messing with the firm prices. 30. The daily Hamshahri said the organization must draw up new methods and policies, not just tinker with production ceilings. |