VOL XXXI
NO. 6
16-NOVEMBER-1987
SAUDI ARABIA WILL SEEK TO INCREASE PRODUCTION AT $18/B FOR SOME TIME TOCOME
Saudi Arabia regards $18/B as an appropriate price to help OPEC countries toregain a share in world oil trade consistent with their production capacityand large reserves, and plans to seek increased production at a price in thatregion for some time to come. That was the message delivered by the Saudi OilMinister, Mr. Hisham Nazer, in a speech to the API meeting in Chicago last week(for full...
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