OPEC

King Fahd Affirms Saudi Support for OPEC

In the wake of OPEC's latest meeting in Vienna, King Fahd of Saudi Arabia has again affirmed his country's support for and adherence to OPEC resolutions. According to a Saudi News Agency report, King Fahd told a cabinet meeting in Taif on 8 July that Saudi Arabia would continue to respect OPEC resolutions "which do not harm its interests," and that he hoped that the OPEC members would maintain their mutual understanding and...