OPEC Keeps Oil Taps Wide Open: OPEC...
From Times Staff and Wire Reports
OPEC Keeps Oil Taps Wide Open: OPEC ministers meeting in Vienna pledged to keep their oil taps wide open during the Persian Gulf crisis but turn them down once it ends. The agreement by the 13-nation Organization of Petroleum Exporting Countries caused little stir in oil markets, which have been skittish for months over tensions in the petroleum-rich gulf. OPEC is currently producing about 23 million barrels a day.
