VOL. XLII

No. 21

24-May-1999

OPEC

Saudi Arabia And Iran See Eye-To-Eye On Oil Price Issue

The seemingly good results of the official visit to SaudiArabia by Iranian President Mohammad Khatami on 15-19 May augur well for thestability of the Gulf region as a whole (see pages C2-3). It will, moreover, beheartening for the oil producers to see that Saudi Arabia and Iran OPECs twolargest oil suppliers also appear to see eye-to-eye on the price question.

Following a meeting between the Saudi and...