SAUDI ARABIA-KUWAIT

Taiwan To Cut Down Purchases of Saudi and Kuwaiti Crude 

Taiwan is to reduce its crude oil purchases from Saudi Arabia and Kuwait in 1985, according to Mr. Chen Yao-Shen, President of the state-owned Chinese Petroleum Corporation (CPC). According to reports from Taipei, Mr. Chen - who did not specify the extent of the proposed reduction - said that the decision was taken because of the political situation in the Middle East and the adjustment of differentials...