Bush Prods Saudi Arabia on Oil Prices
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During a visit to Saudi Arabia, President Bush urged OPEC to consider the impact high oil prices were having on the American economy, and promised to discuss the issue with the Saudi king.
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US First Lady Laura Bush on Tuesday launched a joint drive with Saudi Arabia to fight breast cancer on the second leg of a Middle East tour aimed at spreading awareness of the disease.
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President George Bush, on the second day of a visit to Saudi Arabia, raises concerns over high oil prices.
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President Bush is hopeful that after talks with Saudi King Abdullah OPEC will authorize an increase in oil production to ease pressure on prices.
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WASHINGTON -- Saudi Arabia's ambassador to the United States said yesterday his country is working for a stable and acceptable price of oil and is concerned with poor countries unable to afford oil at $70 per barrel.
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Saudi Arabia said Sunday it is seeking stable oil prices in the international market for the sake of consumers and producers. Saudi Oil Minister Ali al-Nuaimi said during
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Saudi Arabia sought to regain some control of oil markets Tuesday, promising to make available 800,000 barrels a day of new oil by the end of the month and to keep pumping crude vigorously.
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CRAWFORD, Texas  - President Bush on Monday  received assurances from Russian President Vladimir Putin that  his country would boost production and export of oil as prices  hover near record levels.
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Saudi Arabia will raise oil production only when the market justifies it, the kingdom's oil minister said Tuesday, in response to President Bush's request that OPEC nations increase output to reduce world oil prices.
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President George W. Bush complained on Tuesday about soaring oil prices and the threat posed to the U.S. economy during the second day of his visit to Saudi Arabia, the world's biggest oil exporter.
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NEW YORK, December 27  - Saudi Arabiaâs oil reserves could increase 77% to 461 million barrels in a few years, since the oil rich country continues to maintain spare capacity of two million barrels per day to help control the global
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Saudi Arabia's King Abdullah hosts George W. Bush at his desert playground on Tuesday when the U.S. president will get a taste of how the royals live in the world's richest oil-producing monarchy.
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SHARM EL-SHEIKH, Egypt  - President George W. Bush, wrapping up a Middle East trip on Wednesday, hopes his talks in Saudi Arabia will help encourage OPEC to raise production and dampen oil prices, the White House said.
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President George W. Bush will not tap the U.S. Strategic Petroleum Reserve to ease oil prices that hit a record high of $100 a barrel on Wednesday, the White House said.
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Saudi Arabia's warm official welcome for President Bush, the scion of a family with close ties to the kingdom's ruling family, masks his deep unpopularity among ordinary Saudis.
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Oil prices spiked up above $51 a barrel on Wednesday as increasing signs of an electoral victory for US President George W. Bush raised the prospect of continued
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Saudi Arabia says it will raise oil production in an effort to bring down prices that have soared to more than $50 a barrel. Saudi Oil Minister Ali al-Naimi said Tuesday that the kingdom will step up its daily