VOL. XLI

No. 11

16-March-1998

SAUDI ARABIA

Saudi Oil Minister Spells Out The Kingdom's Views On Current OilMarket Situation

The following is the English-language text of an interview with the Saudi ArabianMinister of Petroleum and Mineral Resources, Mr. Ali al-Naimi, which was published by theofficial Saudi Press Agency on 8 March.

Q: There are different opinions about the recent oil price drop - some attribute itto lower demand on Asia, others to the OPEC decision in Jakarta to raise the...