SAUDI ARABIA
Saudi Arabia Aiming for $20/B by Year-End
From remarks made to US congressional leaders and oilmen by Saudi Oil Minister Hisham Nazer during his current visit to the United States, it would seem that over the coming year Saudi Arabia will be seeking a somewhat higher crude price than the prevailing OPEC reference level of $18/B.
After a meeting with Mr. Nazer in Washington on 2 April, Senator David Boren (Democrat, Oklahoma) told reporters that the Saudi Oil Minister had...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!