VOL. XXXVII
NO. 37
13-JUNE-1994
Saudi Oil Price Policy In Perspective
In the following article, MEES Editor Ian Seymour analyzes current trends inSaudi Arabia's oil price policy.
It has often been said that since 1985 Saudi Arabia's oil price policy hasbeen and is still dominated by the so-called `market share' concept; in otherwords that in order to stimulate volume demand for OPEC oil in general and Saudioil in particular low prices should be viewed with equanimity if not activelyencouraged....
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