VOL. XXXI
NO. 15
18-JANUARY-1988
OPEC AND OIL PRICES
Saudi Arabia Denies Iranian Accusation of Netbacking
Saudi Arabia Denies Iranian Accusation of Netbacking Saudi Arabia has reactedto a statement by Iran's Deputy Oil Minister to the effect that the Saudis areselling crude on a netback price basis by describing the allegation as"totally devoid of truth." According to the Saudi Press Agency, theallegation in question was attributed to the Iranian Deputy Oil Minister, Mr.Kazempour, by the German...
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