A meeting of oil producers and consumers has ended in Madrid, with little hope of any reduction in the price of fuel.
saudisSaudis Refuse To Boost Output As Oil Summit EndsNPR Programs: Morning Edition Fri, 07/04/2008 - 9:26am
Saudis' Oil Boost May Not Help U.S. Gas PricesNPR Programs: Morning Edition Mon, 06/23/2008 - 9:52am
Saudi Arabia has pledged to put out more oil this year if the market needs it. The pledge falls short of U.S. hopes for a specific increase and may do little to lower prices in the short-term. Saudis say they have increased oil productionCNN Money Sun, 06/22/2008 - 7:06am
Saudi Arabia has increased its daily oil production to 9.7 million from 9 million barrels in a move to counter the sharp rise in international oil prices, Saudi King Abdullah said Sunday. Tags:
Saudis to host oil price summitBBC Finance Sat, 06/21/2008 - 7:20pm
Top officials from key oil producing and consuming nations gather in Saudi Arabia to discuss soaring oil prices. UN chief sees Saudis move on oilBBC Finance Sun, 06/15/2008 - 9:13am
UN head Ban Ki-moon says major oil producer Saudi Arabia sees current prices as 'abnormally high' and may act to bring them down. |
