Saudis may cut output to hold OPEC oil price

By With Analysis From Monitor Correspondents Around The World; Edited By Susan Garland

April 12, 1982

Bahrain

Saudi Arabia may cut its oil production ceiling by 500,000 barrels daily to help Nigeria hold the OPEC pricing line, the Middle East Economic Survey (MEES) reported. But no final decision has been taken on cutting back the seven-million-barrel daily ceiling, the journal said.