VOL. XLI
No. 25
22-June-1998
SAUDI ARABIA
Saudi Aramco Cuts Crude Allocations To Term Customers Effective 1 July
Aramco moved quickly last week to implement its share of a second round ofOPEC/non-OPEC production cuts planned for 1 July. Saudi Arabia has committed to shave anadditional 225,000 b/d off its crude oil production effective next month as part of acoordinated program of volume reductions which when fully realized could reach some900,000 b/d (see lead story). Aramco's July contribution...
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