VOL. XXX

NO. 9

8-DECEMBER-1986

OPEC AND OIL PRICES

Malaysia Supports Fixed Price Plan

The Chairman of the Malaysian state oil company Petronas, Mr. Raja Badiozaman,has expressed his country's support for the Saudi initiative to return to afixed pricing sys- tem. Speaking to reporters on 26 November, Mr. Badiozamansaid that Malaysia would benefit from a recovery in oil prices to the proposed$18/B.