VOL. XXX

NO. 22

9-MARCH-1987

OPEC AND OIL PRICES

OPEC Ministers Empress Confidence in OPEC's Ability to Hold $18/B PriceLine

A number of OPEC Oil Ministers have issued statements during the past weekreaffirming their confidence in the Organization's ability to hold the $18/Bfixed price line in the face of current market pressures. A round-up of thesestatements follows:

Saudi Arabia's Hisham Nazer

In a statement to the official Saudi Press Agency(SPA) on 2 March, Saudi Oil Minister Hisham Nazer...