VOL. XXXIX

No. 52

23-September-1996

SAUDI ARABIA

Saudi Arabia Affirms It Is Sticking To OPEC Quota But Question Marks Remain Over Winter Supply Outlook

In a volatile week for crude oil prices, the market underwent a dramatic but brief disturbance in the wake of a news agency report - quickly and definitively denied - to the effect that the US had asked Saudi Arabia to raise its oil production to cover the loss of supply from Iraq due to the delay in the implementation of the UN...