VOL. XLI

No. 44

2-November-1998

OPEC

Saudi Crown Prince Deplores OPEC Non-Compliance; Naimi Calls For NewMoves To Anchor Oil Market

Saudi Arabias Crown Prince 'Abd Allah ibn 'Abd al-'Aziz Al Sa'udhas blamed non-compliance with pledged production cuts by some OPEC countries for damagingthe stability of the oil market, and called for renewed efforts by the producers to reachan understanding on output levels which should not be exceeded. Crown Prince 'Abd Allahwas speaking in an interview with the...