51.   Rodriguez added that OPEC will most likely leave oil output quotas unchanged at its ministerial meeting next month.

52.   Russia to cut oil output, exports.

53.   Still, Petrobras already was talking about moving in another rig and said oil output could rise this year despite the accident.

54.   The announcement came just two days after the Iraqi Cabinet decided that the country should rely on its own resources to boost oil output.

55.   The Bush administration expressed disappointment Saturday at the decision by OPEC members to reduce oil output and said it further showed the need for more domestic production.

56.   The depletion of reserves in the Nido and Matinloc oil fields contributed to the drop in total oil output.

57.   The ministry said it was also appreciative of the decisions taken by Angola, Norway, Oman and Russia to reduce oil output in cooperation with OPEC.

58.   The Saudis have held back production to support prices but now believe the time is right to pump more while demand is growing faster than non-OPEC oil output.

59.   The remarks, reported by the official Saudi Press Agency, are seen as another sign that OPECC may increase oil output soon.

60.   Typically, a cut in oil output would raise crude oil prices and probably gasoline prices at the pump.