VOL. XLI
No. 08
23-February-1998
SAUDI ARABIA
Text of Saudi Oil Minister's Statement and Other Views
The following is the text of the statement by Saudi Oil Minister Ali al-Naimi, aspublished by the official Saudi Press Agency on 18 February:
"The Saudi Minister of Petroleum and Mineral Resources, Mr. Ali al-Naimi,expressed the concern of Saudi Arabia over current oil market conditions and declining oilprices. He emphasized that at this juncture balancing the oil market is a sharedresponsibility...
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