VOL. XXXI
NO. 8
30-NOVEMBER-1987
OPEC AND OIL PRICES
Saudi Arabia Rejects Price Increase
A statement by an Iranian oil official to the effect that a consensus isemerging in OPEC on a price increase at the forthcoming conference in Vienna andthat there are indications that Kuwait and Saudi Arabia might go along withsuch an increase has been sharply contradicted by a Saudi spokesman.
Iranian Oil Minister Hossein Kazempour Ardebili told Reuters in a telephoneinterview on 22 November that "we are...
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