KUALA LUMPUR. Mar 2: Malaysia is likely to reduce its oil, production in line with the latest cutback by the Organisation of Petroleum Exporting Countries, a senior official said Tuesday.»rcports AP.

'Although we are not a member of OPEC, we usually follow the formula set by It if this docs not jeopardize our national Interest." Syed Hamid Albar, Minister in the Prime Minister’s Department, told the national news agency Bcmama.

In efforts to boost oil prices, OPEC has decided to reduce output by 1.4 million barrels a day. to 23.6 million barrels a day.