Saudi Arabia expects that OPEC will keep oil production limitations after March 31, 2000

11.01.00 00:00
/PRIME TASS, Jan.11, 00/ - According to Bloomberg Saudi Arabia expects that OPEC will keep the oil production limitations after March 31, 2000. The world oil stocks have not reached yet an critically low level, and the oil refineries' demand is also not so great. Due to 7% OPEC production limitation the oil prices have been doubled in 1999. Meeting of the ministers of OPEC is scheduled on March 27.