SAUDI ARABIA WARNS OPEC MEMBERS ON CONSEQUENCES OF CONTINUED PRODUCTION AND PRICE INDISCIPLINE
MEES Executive Editor Ian Seymour Reports on the OPEC Consultations in Taif
Saudi Arabia has served formal notice on its OPEC partners that it can no longer tolerate the persistent indiscipline in OPEC ranks with regard to production and prices, which is placing an unacceptable burden on the Kingdom's shoulders. This warning was delivered in the form of a message from King Fahd of Saudi...
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