King Fahd Stresses Importance of OPEC Quota Adherence
King Fahd ibn 'Abd al-'Aziz of Saudi Arabia has stressed the importance ofabiding by the November OPEC agreement 80 as to regulate the production ceilingand quotas. In a statement on the 1409-1410 budget which was unveiled last week(see page B1), King Fahd explained that since world oil production did notdepend on OPEC alone but also on a large number of non-OPEC producing states inthe rest of the...
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