US President George W.
Bush has failed to convince Saudi Arabia to make a major increase in oil production. This is the second time this year that Saudi officials have rebuffed an appeal from Bush to step up production in an effort to bring down global oil prices. However, following a meeting between Bush and Saudi King Abdullah in Riyadh, Saudi officials announced that they had already increased oil production by 300,000 barrels per day earlier this month. They said that current production was enough to US Diplomats Leave Belarus Under Pressure ...
Malaysian PM hints at hand-over ...
Oil prices fall on Saudi comments ...
Malaysian PM unveils new cabinet ...
Malaysian prime minister sworn in ...
Bush urges renewal of 'wiretap' law ... meet customer demands and that no further increase was needed. Meanwhile, the price of a barrel of oil has hit a new record high of more than US $127.
(Deutsche Welle)
more info >>
<< Back