VOL. XLII
No. 12
22-March-1999
SAUDI ARABIA
Saudi Aramco Quick Off The Mark With Further Cut In AprilSupply Allocations
With OPEC poised to announce a fresh round of productioncutbacks this week, Saudi Aramco was the first major supplier to notify termcustomers of further reductions in crude allocations for April. In anotification sent to contract buyers on 17 March, the producer informedpurchasers in all geographic regions of a further cut in their termentitlements for the month. The move...
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