shadow

For the Record (5)

Saudi Arabia will maintain its stepped-up oil production level of 9.5 million barrels per day until the end of 1980, Foreign Minister Saud al-Faisal said in an interview published Monday. Oil industry analysts believe the action will hamper attempts by the 13-member Organization of Petroleum Exporting Countries to again raise prices this fall.

of 5 stories this month > Get unlimited stories
You've read 5 of 5 free stories

Only $1 for your first month.

Get unlimited Monitor journalism.