VOL. XLII

No. 27

5-July-1999

GENERAL

US Group Files Anti-Dumping Petition Against Saudi Arabia,Mexico, Venezuela And Iraq

A group of US independent oil producers filed a complaint on29 June with the US Department of Commerce (DOC) and the International TradeCommission (ITC) claiming that Saudi Arabia, Venezuela, Mexico and Iraq"dumped" oil into US markets at "below fair market value,"and that as a result domestic oil producers had suffered "materialinjury." Both Nigeria and Kuwait were to be...