VOL. XLI

No. 28

13-July-1998

SAUDI ARABIA

Signs Of Compliance Mount As Producers Notify Buyers Of Cutbacks In Line With OPECCommitments

Traders searching for signs that major producers are complying with OPEC's latestproduction accord may well be disappointed by Saudi Aramco's decision to wait until Augustnominations are evaluated before making a determination with respect to which buyers willbe cut back next month - and by how much. Aramco's customers submitted their term requestsfor August at...