VOL. XLI
No. 11
16-March-1998
SAUDI ARABIA
Naimi Says Saudi Arabia Has Abandoned Swing Producer Role "Once And ForAll"
In a significant oil policy statement embodied in an interview published in theofficial Saudi Press Agency (SPA) on 8 March (for full text see pages D1-3), SaudiArabia's Oil Minister Ali al-Naimi has made it clear that his country will never againunder any circumstances play the role of swing producer in the oil market. In thisconnection the Saudi Oil Minister declared: "We...
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