YAMANI CALLS FOR REDUCTION IN PRICE OF HEAVY CRUDE

Saudi Arabia's Oil Minister, Shaikh Ahmad Zaki Yamani, has come out with a forceful call for a reduction in the official price of heavy crude oil in the light of the recent precipitous drop in the prices of fuel oil and heavy crudes on the world market. At the same time he stressed that the price of light crude should remain unchanged.

In this connection, Shaikh Yamani made the following remarks in an interview published in the Jiddah...