Saudi Arabia Pushes Oil Buyer/Seller Meeting

Even the kings and princes of Saudi Arabia are getting concerned about the rising price of crude. The are pushing for a summit meeting of the world’s largest oil producers and consumers.

According to CNN Money, "Information and Culture Minister Iyad Madani says the kingdom will work with OPEC to "guarantee the availability of oil supplies now and in the future."

May be the most coveted invitation this year.

Douglas A. McIntyre