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                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: TUESDAY, February 16, 1993                   TAG: 9302160123
SECTION: BUSINESS                    PAGE: A-4   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Short

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IN BUSINESS

OPEC wins; Kuwait to cut oil production

VIENNA, Austria - Kuwait late Monday bowed to pressure from its OPEC partners and tentatively agreed to reduce oil production in the spring to help prevent a price collapse.

After three days of bargaining, the dozen nations of the Organization of Petroleum Exporting Countries reached an accord calling for them to remove nearly 1.5 million barrels of crude a day from the market starting March 1.

The nations were expected to formally accept the deal today. The agreement would set a new overall production level for the cartel of 23.6 million barrels a day from March through June. OPEC delegates conceded their work may not boost prices much. - Associated Press

Sears dishwashers may be fire hazard

Sears, Roebuck and Co. Monday issued a warning that 21 models of its Kenmore dishwashers sold in the past three years could experience timer failures that may result in fires.

The warning was sent to more than 300,000 Sears customers who bought the dishwashers between February 1990 and October 1992. It asked them to stop using the appliance and to call Sears immediately for service to correct the problem.

The Frigidaire Co., which manufactured the dishwashers for Sears, had received complaints from customers and last fall hired an independent laboratory to test the machines. - Newsday

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