VOL. XXX
NO. 13
5-JANUARY-1987
THE OIL PRICE SCENE: NON-OPEC
USSR Backs OPEC with $18.30/B Price Proposal
Non-OPEC support for the OPEC price is also apparently forthcoming from theSoviet Union, which is reportedly proposing a price of $18.30/B for Februarydeliveries of Urals crude. At year end, on 31 December, the spot price for Uralscrude was being quoted at $17.5017.60/B.
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