Saudis Plan Oil Summit

  • Middle East Newsline
  • June 10, 2008
ABU DHABI [MENL] -- Saudi Arabia plans to convene a summit to discuss
soaring energy prices.
Saudi Information and Culture Minister Iyad Madani said the kingdom
would invite oil-producing states and leading consumers to discuss record
prices in crude oil and natural gas. On Monday, the price of oil fell to
$134 per barrel.
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