VOL. XXXI

NO. 9

7-DECEMBER-1987

IRANIAN DECEMBER DISCOUNTS TO JAPANESE CUSTOMERS NOT YET FINALIZED

Although continuing to add to its inventories of unsold crude in floating oronland storage closer to European markets (see related story on page A8), thesigns are that Iran is now toning down its discount sales drive as the date ofthe 9 December OPEC conference approaches. A disinclination on the part ofNIOC to pursue sales until the outcome of the OPEC meeting becomes clear hasbeen evident both in...