VOL XXXI

NO. 6

16-NOVEMBER-1987

THE ROLE OF SAUDI ARABIA IN THE WORLD OIL MARKET

by H.E. Hisham Nazer

(The following is the text of an address delivered by Saudi Arabia's Ministerof Petroleum and Mineral Resources, Mr. Hisham Nazer, to the annual meeting ofthe American Petroleum Institute in Chicago on 10 November 1987.)

I am honored to be invited to address this distinguished gathering today. Myeffort will be directed at explaining the oil policy of the Kingdom of SaudiArabia in these trying times...