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This is because production forecasts, together with product prices, operating costs and investments, are used to determine the project economics.
Other automakers have not yet completed their fall production forecasts, but they are concerned about sales.
Mr. Morse noted that recent production forecasts had "fallen short of where production growth has been".
That could mean that BP would eventually lower its production forecasts as well.
G.M. said that it was no longer publicly releasing production forecasts.
Its shares dropped 53p to £10.77 after the company cut its production forecasts for the year by 6%.
Similar(17)
A Reuters poll on U.S. corn production forecast the lowest yields in a decade.
The organization said its global production forecast for 2002-3 remained unchanged at 119.5 million bags.
Antofagasta is down 12.5p at 532p after it cut its full year production forecast for the third time this year.
The Ford Motor Company said it was cutting second-quarter production by 10percentt from the period in 2007, and G.M. reduced its second-quarter production forecast by 5percentt.
But Pemex's production forecast, of up to 700,000 barrels a day by 2017, has evaporated as hole after hole came up dry.
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