VOL. XXX

NO. 4

03-November-1986

RECENT SAUDI STATEMENTS ON OIL

Saudi Cabinet Statement, 27 October

"On the direction of King Fahd, the Minister of Petroleum and MineralResources, Mr. Ahmad Zaki Yamani, explained to the Cabinet the contents of theresolution issued by OPEC on 22 October at the end of its recent meeting inGeneva.

"The Cabinet expressed its satisfaction with the results arrived at byOPEC within the context of the continuing efforts to find appropriatesolutions in which the Kingdom is...