SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Think4Yourself who wrote (74393)9/23/2000 9:56:18 PM
From: Think4Yourself  Read Replies (1) of 95453
 
Saudi Ambassador Reacts to the Use of the SPR

WASHINGTON, Sept. 23 /PRNewswire/ -- HRH Prince Bandar bin Sultan, when asked about the U.S. decision to release oil from the Strategic Petroleum Reserve, stated the following:

``This issue was addressed by our Minister of Petroleum a few days ago. I would like to repeat that this is an internal decision by the U.S. that does not concern Saudi Arabia. If the decision to use the SPR will help stabilize the oil markets within the price range of $22 - $28 per barrel, which would help both consumers and producers, we believe it would be a positive move.''

SOURCE: Royal Embassy of Saudi Arabia
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext