NAZER RULES OUT SWING PRODUCER ROLE FOR SAUDI ARABIA

Ian Seymour and Walid Khadduri Report on the Outcome of the OPEC Committee Meetings in Vienna on 10-11 September

Saudi Oil Minister Hisham Nazer has firmly and definitively ruled out any prospect that Saudi Arabia might be ready to resume the role of swing producer under any circumstances. Speaking in an interview with MEES in Vienna (for full text see Page A4), Mr. Nazer described Saudi Arabia's role in OPEC as follows: 'the...