Oil cut in Algeria
(N.Z.P.A.-Reuter— Copyright) ALGIERS, March 12. Algeria is to cut the price of its oil by 25c a barrel — to SUSll.7s—from next month, an official of the Algerian company, Sonetrach, has said. He said the reduction was to keep Algerian oil competitive in the face of reductions in freight charges and more favourable terms of payment being offered by other oilproducing countries.
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Bibliographic details
Press, Volume CXV, Issue 33792, 14 March 1975, Page 22
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65Oil cut in Algeria Press, Volume CXV, Issue 33792, 14 March 1975, Page 22
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