NO. 10


Saudi Arabia

Nazer Stresses Saudi-Iraqi-Kuwaiti Cooperation at Vienna OPECConference

The Saudi Oil Minister, Mr. Hisham Nazer, believes that as a result of thelatest OPEC agreement in Vienna oil prices are likely to stabilize and then torise gradually. Speaking after a cabinet meeting on 4 December, the Saudi Information Minister, Mr. 'Ali Sha'ir, said that Mr. Nazer had presented areport on the OPEC meeting to the cabinet in which he said that the initial...