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SAUDI-US-OIL-MEETING-KING ABDULLAH

Saudi King Abdullah (L) stands next to his brother,Crown Prince Sultan, during the opening session of a summit on the soaring international price of crude in Jeddah on June 22, 2008. The Saudi monarch announced that his country has increased output to 9.7 million barrels, adding that the oil-rich desert kingdom would give one billion dollars to an OPEC fund for developing countries and give 500 million dollars in soft loans for poor countries to finance energy and development projects. AFP PHOTO/HASSAN AMMAR




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Last update: Sunday, June 22, 2008; 6:28 AM Pacific.


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