Page added on June 5, 2005
Saudi Arabia has not signed any long-term agreement with Washington for supplying the United States with oil at fixed prices, according to Majed Al-Muneef, adviser to the minister of petroleum and mineral resources.
Addressing a seminar organized by the Council of Saudi Chamber of Commerce and Industry in Riyadh, he said the reports about oil deals with the US were baseless.
Arab News
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