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Saudi Arabia

Saudi Cabinet Statement on OPEC Meeting

The Saudi Arabian cabinet, meeting under the chairmanship of King Fahd ibn 'Abdal-'Aziz, called on OPEC member states to uphold their latest production quotasuntil the next meeting in November. A statement issued on 2 October, and carriedby the Saudi Press Agency, said that "The cabinet reiterated the need forOPEC members to abide by the assigned quotas agreed upon until the nextconference in Vienna on 25...