VOL. XXXI

NO. 27

11-APRIL-1988

SAUDI ARABIA

Saudi Arabia Denies Discounting

Saudi Arabia has denied the report in last week's MEES that it is offeringvolume-related discounts off official prices. The denial came in a statement on4 April issued by the Saudi Press Agency, of which the following is the text(MEES translation from the Arabic):

"There is no truth to the report by the Middle East Economic Survey inits issue today that Saudi Arabia is offering discounts off oil prices to itscustomers under...