VOL. XLIII

No. 36

4-September-2000

SAUDI ARABIA

Saudi Arabia Reaffirms Commitment To Orchestrating Oil Supply Boost To Dampen Price Spike

Despite its failure to make much impact on sky-high crude oil prices in world markets probably due to a lack of specifics in the wording the statement on Saudi oil policy issued after a meeting of the kingdoms Supreme Council for Petroleum and Mineral Affairs on 30 August nevertheless constitutes a document of considerable significance for the future of oil...