VOL. XLVII

No 18

03-May-2004

SAUDI ARABIA

Saudi-US Energy Officials Debate Market Forces Propelling Oil Prices Higher

US and Saudi oil officials reiterated their mutual goal of oil price stability and global energy security at a conference last week in Washington. But beyond these broad principles, the worlds most influential oil producing country and largest consuming nation found little common ground when discussing the current oil market situation,MEES Contributing Editor Diane Munro reports...