19 JANUARY 1987
SAUDI ARABIA CUTS CUSTOMER'S NOMINATIONS FOR FEBRUARY BY 20%
MEES learns that Saudi Arabia has informed its customers that theirnominations for crude oil liftings in February will be cut by 20%. This 20%cutback is apparently applicable to all customers across the board. The reasongiven by the Saudi marketing authorities is that total nominations originallysubmitted by contract buyers for February liftings would have required output inexcess of Saudi Arabia's...