Saudis Call for Meeting on Oil Issues

Saudi Arabia’s Crown Prince Abdullah on Tuesday announced the kingdom will host a meeting in Riyadh during the fourth quarter to discuss oil issues between oil producing and consuming nations.

Speaking at a dinner hosted by the U.S.-Saudi Arabian Business Council, the crown prince said the meeting was necessary “because of the great importance we attach to the stability of the world energy markets and the contribution of these markets to world economic growth.”
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