VOL. XXX

NO. 16

26-JANUARY-1987

OPEC/NON-OPEC AND OIL PRICES

Soviet Union Promises Export Cutback; Norwegian Companies Fall into Line

After winning new pledges of support for OPEC's fixed-price marketstabilization plan in Cairo last week (MEES, 19 January), Saudi Oil Minister Hisham Nazer has held talks in Moscow with senior officials, which have resultedin a Soviet commitment to reduce the USSR's oil exports.

Mr. Nazer arrived in Moscow on 19 January for a three-day visit during whichhe met with,...