NO. 12/13

25-DEC-1989/1 JAN1990

Saudi Arabia

Fahd Stresses Adherence to OPEC Agreement

King Fahd of Saudi Arabia has expressed support for the November OPECagreement and stressed the need for adherence to it, while at the same timeinstructing the Saudi Oil Minister, Mr. Hisham Nazer, to continue to implementcurrent oil policy, "which has led to a notable balance between supply anddemand in the oil market and to the favorable results achieved by the Kingdomthus far in this sphere." The...