VOL. XL

No. 44

3-November-1997

SAUDI ARABIA

Saudi Oil Minister Calls For Increase In OPEC's Production CeilingTo A More Realistic Level

Saudi Arabia will be in favor of a decision to raise OPEC's crude oil productionceiling to a more realistic level when the Organization's Oil Ministers meet in Jakartafor their year-end conference on 26 November, according to Saudi Oil Minister Alial-Naimi. Speaking in an exclusive interview with MEES Editor Ian Seymour in Riyadhlast week, Mr. Naimi said: "I...