VOL. XLI

No. 35

31 August 1998

SAUDI ARABIA

Saudi Export Cuts Should Be Less Severe In October Following LargeSeptember Reduction

Saudi officials have been at pains to dispel lingering perceptions that theunprecedented reduction in contractual entitlements imposed on term customers earlier thismonth for September sales amounted to anything more than a one-month balancing measurenecessary to maintain production in line with the Kingdom's 8.023mn b/d output pledge.Lest anyone conclude that the...