VOL. XXX

NO. 18

9-FEBRUARY-1987

OPEC/NON-OPEC AND OIL PRICES

Baker Says Oil Import Fee Unlikely

US Treasury Secretary James Baker has told Saudi officials that he believesit is "rather unlikely" that an oil import fee will be imposed in theUS. At a press conference in Riyadh on 4 February, at the end of a two-day visitto Saudi Arabia for talks on economic cooperation, Mr. Baker said that SaudiMinisters had raised the question of an import fee at nearly every meeting, butthat "I expressed the view...