VOL. XXXI

NO. 8

30-NOVEMBER-1987

OPEC AND OIL PRICES

Chalabi Backs Saudi Price Position, Reiterates Iraq's Quota Demands

The Iraqi Oil Minister, Mr. Issam al-Chalabi, has expressed his country'ssupport for the Saudi view that oil prices should not be increased, and hasreiterated that Iraq is prepared to accept an OPEC quota, providing it is equalto Iran's.

Speaking in an interview published on 25 November by the London daily al-Sharqal-Awsat, Mr. Chalabi, who made a one-day visit to Riyadh on 24...