NO. 14



King Fahd Looks to Higher Quota

King Fahd of Saudi Arabia has expressed the hope that his country's OPECquota of 5,380,000 b/d - 24.46% of the OPEC ceiling - will increase inaccordance with demand growth and through cooperation with the other OPECmembers. In a speech to the cabinet introducing the state budget for 1410/1411on 31 December, the Saudi monarch noted that "by God's grace and the helpof the oil producing countries in the sisterly Gulf states and...